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Property profile & analytics
OFF-MARKET
Office buildings

232 Ctr St 242 Statesville, NC 28677-5236

3,612 SF 0.89 ac lot Built 1939
Individually Owned Absentee Owner Free & Clear
Property ID
US53-1258667
Property summary
AI-generated overview

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 profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1939
Construction WOOD
Total area 3,612 SF
Lot 0.89 ac (38,768 SF)
Zoning code CBP
APN 4734-96-7864.000
UPID US53-1258667
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pelican's SnoBalls of Statesville Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
FAYE D AYERS
FAYE D AYERS
Zoning & alternative use
CBP · Statesville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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