Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    623 7th Street SW Taylorsville, NC 28681

    View on Map
    Claim this Listing
    For Sale
    $44,900

    LAND - Taylorsville, NC

    Lot size:
    0.41 Acres
    Added:
    Feb 19, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 12 at 3:06 am

    Property Features for 623 7th Street SW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    138126
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Description
    SR 1108 & 1109 BY WILL 0000 00 X 00

    We can help!

    Listing Contact
    Jay White

    Listing agent Jay White License #246190

    Listing office Keller Williams Ballantyne Area 14045 Ballantyne Corporate Pl, #500, Charlotte, NC

    Listing date Feb 19, 2026

    MLS# 4347391 Listing URL

    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.

    Overview

    Taylorsville Land Redevelopment Opportunity

    This 0.41-acre corner lot is located near downtown Taylorsville on 7th Street SW, offering convenient access to government offices, schools, and shopping. Its proximity to US 64 and NC Hwy 16 enhances accessibility. The existing structure is in poor condition and is considered a teardown. The property is priced primarily for its land value. Featuring a flat, usable lot with strong road frontage, it is ideal for redevelopment, new construction, or investment. There is potential for rezoning. The property is sold as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Taylorsville
    County
    Alexander
    State
    North Carolina
    Longitude
    -81.186562
    Latitude
    35.912953

    Nearby Similar for Sale

    • $274,900

      Freestanding Office Building in Taylorsville

      Well-maintained office building with potential for future growth.
      138 Old Wilkesboro Road, Taylorsville, NC 28681
      View Details
    • $450,000

      Former Fire Station Business Space

      Unique commercial space with roll-up doors and office areas.
      235 Teague Town Road, Taylorsville, NC 28681
      View Details
    • $600,000

      Expansive Acreage Near Taylorsville

      65+/- acres with pastureland, mountain views, and development potential.
      Tarlton Drive, Taylorsville, NC 28681
      View Details
    • $329,900

      Picturesque Pastureland in Alexander County

      22+/- acres of fenced pastureland ideal for horses or farming.
      Davidson Court, Taylorsville, NC 28681
      View Details
    • $849,900

      Lake Hickory Waterfront Homesite

      1.8+ acre homesite with 444 feet of water frontage.
      140 Reitzel Road, Taylorsville, NC 28681
      View Details
    • $45,000

      Wooded Acre Near Lake Hickory

      One-acre lot near Lake Hickory with no deed restrictions.
      Rink Dam Road lot: 1, Taylorsville, NC 28681
      View Details
    • $525,000

      82 Acres Mountain Wilderness Retreat

      Private 82-acre mountain retreat with stream near Taylorsville, NC.
      Black Oak Ridge Road, Taylorsville, NC 28681
      View Details
    • $45,000

      Wooded Lot Near Lake Hickory

      One-acre wooded lot near Lake Hickory in Taylorsville, NC.
      Sam Poole Lane lot: 3, Taylorsville, NC 28681
      View Details
    • $45,000

      Acre Lot Near Lake Hickory

      Wooded 1-acre lot near Lake Hickory in Taylorsville, NC.
      Sam Poole Lane lot: 2, Taylorsville, NC 28681
      View Details
    • $27,900

      Residential Land in Taylorsville, NC

      Wooded lot near downtown, ideal for small home development.
      67 Zion Avenue, Taylorsville, NC 28681
      View Details
    • $62,800

      Taylorsville Land with Home

      Large lot near downtown Taylorsville with renovation potential.
      65 Zion Avenue, Taylorsville, NC 28681
      View Details
    • $19,900

      Taylorsville Land Redevelopment Opportunity

      Redevelopment opportunity near downtown Taylorsville, sold as-is.
      88 Millsaps Street, Taylorsville, NC 28681
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner lot near downtown Taylorsville with redevelopment potential.
    Where is this commercial land located?
    The property is located at 623 7th Street SW Taylorsville, NC.
    What is the asking price?
    The asking price for this property is $44,900.
    What are key features of this property?
    This property features: Prime corner lot location near Downtown Taylorsville; Redevelopment opportunity with potential rezoning; Flat, usable lot with strong road frontage
    (704) 654-0733
    We can help!
    Listing Contact
    Jay White
    Real Estate License ID: 246190
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!