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    551 Court St Marion, NC 28752

    Sponsored
    For Sale
    $249,000

    Prime C-2 Zoned Lot, Endless Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 0.33-acre commercial lot, located at 551 E Court Street in the heart of Downtown Marion, North Carolina, presents a unique investment opportunity. Zoned C-2, this vacant land offers a multitude of development possibilities for discerning entrepreneurs. The property boasts convenient access to city water and sewer, eliminating significant infrastructure hurdles and streamlining the development process. Its central location within Marion's vibrant downtown area ensures high visibility and accessibility for any future business. Imagine a thriving restaurant, a stylish retail space, modern office suites, a medical facility, or even an automotive service center – the possibilities are truly limitless. This property is ideally positioned to capitalize on the ongoing growth and revitalization efforts currently underway in Marion. The strategic location and flexible zoning make this an exceptional opportunity for investors seeking a high-impact commercial venture. Don't miss this chance to secure a prime piece of Marion's burgeoning commercial landscape. The asking price is $249,000. Serious inquiries are encouraged. Contact us today to learn more about this exciting development opportunity.

    Property Features for 551 Court St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Marion
    County
    McDowell
    State
    North Carolina
    Longitude
    -82.00152
    Latitude
    35.68799

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    FAQs

    What type of property is this?
    Commercial real estate - Prime C-2 Zoned Lot, Endless Potential
    Where is this commercial real estate located?
    The property is located at 551 Court St Marion, NC.
    What is the asking price?
    The asking price for this property is $249,000.
    (828) 652-3797
    Request Owner's contact information
    551 Court St Marion, NC 28752
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    Marion, NC 28752
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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
    551 Court St Marion, NC 28752
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