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    138 Old Wilkesboro Road Ext Taylorsville, NC 28681

    Sponsored
    For Sale
    $274,900

    SINGLE_FAMILY - Taylorsville, NC

    Type:Office
    Property size:
    1,680 SF
    Lot size:
    0.25 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 13 at 10:06 am

    Property Features for 138 Old Wilkesboro Road Ext

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Security features
    Security System
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    0007587
    Parking
    10
    Parking features
    Parking Lot
    Patio and Porch features
    Porch
    Size
    1,680 SF
    Lot size
    0.25 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    2001
    Floors in Building
    2
    Flooring type
    Vinyl
    Building materials
    Vinyl
    Roof type
    Composition

    We can help!

    Listing Contact
    Tam Fenton

    TAMMY FENTON REALTY (828) 635-7884

    Listing agent Tam Fenton (828) 302-2783

    Listing date Feb 13, 2026

    MLS# 4343064

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Freestanding Office Building in Taylorsville

    This well-maintained freestanding office building is located in Taylorsville, NC. The building features a covered front entry leading to a lobby area with a receptionist window. The reception area includes a pocket door providing access to a conference area. The layout comprises 4 private office rooms, a designated conference room, a storage/technology hub room, a public bath, and a break room. An unfinished upper space offers potential for future expansion. The main level has a finished area of 1,680 square feet, with an additional 1,680 square feet of unfinished upper space. A private parking lot provides 10+ spaces. Handicap access is available at the back of the building. The HVAC system was replaced in 2025. The building underwent a cosmetic remodel in 2020. Current utility providers include Duke Energy, Town of Taylorsville water, and Spectrum. The 2025 tax bill was $1,685.00. The property is situated on a 0.25-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Department Store Garden Center Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Taylorsville
    County
    Alexander
    State
    North Carolina
    Longitude
    -81.176668
    Latitude
    35.924366

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    FAQs

    What type of property is this?
    Office building - Well-maintained office building with potential for future growth.
    Where is this office building located?
    The property is located at 138 Old Wilkesboro Road Ext Taylorsville, NC.
    What is the asking price?
    The asking price for this property is $274,900.
    What are key features of this property?
    This property features: - Freestanding office building with 1,680 sqft of finished area and an additional 1,680 sqft of unfinished upper space for future expansion.; - Private parking lot with 10+ spaces.; - Features 4 private offices, a designated conference room, storage/technology hub, break room, and public bath.
    (828) 302-2783
    Request Owner's contact information
    138 Old Wilkesboro Road Ext Taylorsville, NC 28681
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    Taylorsville, NC 28681
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    138 Old Wilkesboro Road Ext Taylorsville, NC 28681
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    We can help!
    Listing Contact
    Tam Fenton
    (828) 302-2783
    Learn more
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