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    702 Morgan Rd Eden, NC 27288

    For Sale
    $250,000

    Automotive shop, ready to operate. Great location, multiple uses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This Eden, NC industrial property, located at 702 Morgan Road, is offered at $250,000. Currently configured as an automotive body repair shop, the building is immediately ready for occupancy. The approximately 200 square foot building features several offices, a paint booth, and two bathrooms. The zoning (D) allows for a variety of business uses, providing flexibility for potential buyers. The square footage is approximate, with county records indicating 7200 square feet

    Property Features for 702 Morgan Rd

    General Information

    Property type
    Industrial properties
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chilly's Ink Screen Printing Shop Chilton's Body Shop Auto Body Shop

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Eden
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.76191
    Latitude
    36.51824

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    FAQs

    What type of property is this?
    Industrial property - Automotive shop, ready to operate. Great location, multiple uses.
    Where is this industrial property located?
    The property is located at 702 Morgan Rd Eden, NC.
    What is the asking price?
    The asking price for this property is $250,000.
    (336) 613-7720
    Request Owner's contact information
    702 Morgan Rd Eden, NC 27288
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    Eden, NC 27288
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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
    702 Morgan Rd Eden, NC 27288
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