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    232 Center St Statesville, NC 28677

    For Sale
    $350,000

    Prime Redevelopment Site, 0.89 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 0.89-acre retail property presents a unique redevelopment opportunity in the heart of downtown Statesville, North Carolina. Strategically located just one block from the town square and Statesville High School, this site benefits from high visibility and excellent accessibility. The current zoning designation is Central Business District, offering considerable flexibility for a variety of commercial ventures. The property's central location ensures high foot traffic and proximity to a substantial population base. This makes it ideal for a range of uses, from restaurants and retail shops to professional offices or mixed-use developments. The substantial lot size provides ample space for new construction or significant renovation of an existing structure. Investors and developers will appreciate the potential for significant return on investment given the prime location and favorable zoning. This is a rare chance to acquire a key piece of real estate in a thriving downtown area poised for continued growth. The property is offered at $350,000, representing a compelling value for its size, location, and redevelopment potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The address is 232 N Center Street N, Statesville, NC.

    Property Features for 232 Center St

    General Information

    Property type
    Retail properties
    Lot Size
    38,768 SF

    Building Details

    Year Built
    1939
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pelican's SnoBalls of Statesville Dessert Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.88944
    Latitude
    35.78741

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    FAQs

    What type of property is this?
    Retail property - Prime Redevelopment Site, 0.89 Acres
    Where is this retail property located?
    The property is located at 232 Center St Statesville, NC.
    What is the asking price?
    The asking price for this property is $350,000.
    (704) 872-0112
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    232 Center St Statesville, NC 28677
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    Realmo Value Estimation

    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.

    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.

    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
    232 Center St Statesville, NC 28677
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