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    000 Ellison Pl Lenoir, NC 28645

    Sponsored
    For Sale
    $62,000

    High-visibility lot, prime Lenoir location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 0.71-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and convenient access. Situated on Highway 321 in the heart of Lenoir, NC, this property boasts an unparalleled location for attracting customers. Its strategic placement ensures easy visibility for potential clients, maximizing exposure and driving business growth. The lot's accessibility is further enhanced by the option of routing the entrance via Ellison Place, offering a smooth and convenient entry point for customers and employees. This flexibility allows for customized site planning to optimize functionality and aesthetics. The property is ideal for a wide range of commercial ventures, from retail establishments and restaurants to professional offices and service businesses. The asking price of $62,000 represents a significant value for a property of this caliber in such a desirable location. Don't miss this chance to secure a prime piece of Lenoir real estate and establish your business in a thriving community. The property's size and location make it an excellent investment for both new and established businesses seeking to expand their reach and enhance their brand presence. Act quickly, as opportunities like this are rare.

    Property Features for 000 Ellison Pl

    General Information

    Property type
    Other commercial real estate
    Lot Size
    30,928 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lenoir
    County
    Caldwell
    State
    North Carolina
    Longitude
    -81.52607
    Latitude
    35.92477

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility lot, prime Lenoir location.
    Where is this commercial real estate located?
    The property is located at 000 Ellison Pl Lenoir, NC.
    What is the asking price?
    The asking price for this property is $62,000.
    Request Owner's contact information
    000 Ellison Pl Lenoir, NC 28645
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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
    000 Ellison Pl Lenoir, NC 28645
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