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    116 Cor Of Cronly & Main St Laurinburg, NC 28352

    For Sale
    $275,000

    High-traffic location, 5,595 sq ft.

    Property size:
    5,595 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional retail property, located at 116 Corner of Cronly & Main Street in Laurinburg, North Carolina, presents a unique investment opportunity. Boasting a generous 5,595 square feet of space, this property is ideally situated on a 0.16-acre lot at a high-traffic intersection in the heart of Laurinburg. The building's prime location ensures excellent visibility and accessibility for customers, making it an attractive proposition for a wide range of retail businesses. The property is priced competitively at $275,000, offering a strong return on investment potential. Its size and location make it suitable for a variety of retail uses, from a flagship store to multiple smaller tenants. The property is ready for immediate occupancy, allowing for a swift start to operations. Serious inquiries are encouraged to explore this exceptional opportunity to establish a thriving retail presence in a vibrant and growing community. The property's strategic location offers easy access to major roadways and ample parking, further enhancing its appeal to both businesses and customers. This is a rare chance to acquire a well-positioned retail space in a desirable North Carolina market. Don't miss out on this chance to secure a valuable asset in a thriving commercial area.

    Property Features for 116 Cor Of Cronly & Main St

    General Information

    Property type
    Retail properties
    Square Feet
    5,595 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1914
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Laurinburg
    County
    Scotland
    State
    North Carolina
    Longitude
    -79.46216
    Latitude
    34.77532

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 5,595 sq ft.
    Where is this retail property located?
    The property is located at 116 Cor Of Cronly & Main St Laurinburg, NC.
    What is the asking price?
    The asking price for this property is $275,000.
    (910) 276-8680
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    116 Cor Of Cronly & Main St Laurinburg, NC 28352
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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
    116 Cor Of Cronly & Main St Laurinburg, NC 28352
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