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    11742 Sparta Rd McGrady, NC 28649

    For Sale
    $189,000

    Prime Retail Location, Mountain Access, Updated Building

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional retail property at 11742 Sparta Road, McGrady, NC, presents a unique investment opportunity. Situated on a busy highway leading to the stunning Western North Carolina mountains, this location offers high visibility and ample traffic. The building boasts extensive recent updates, including a new entry door, windows, HVAC system, electrical and plumbing, a renovated bathroom, LED lighting, new gutters, and an epoxy floor. Coolers and fixtures are included in the sale. The property features ample parking both in front and behind the building, creating convenient access for customers. Enjoy a serene atmosphere with mountain views and a flowing creek at the rear. Its strategic location makes it an ideal rest stop for travelers heading to the Blue Ridge Parkway or the New River. The substantial road frontage ensures maximum exposure. Furthermore, the unfinished basement offers potential for approximately 1100 square feet of additional living space, already framed in. This property is priced at $189,000 and presents a compelling opportunity to capitalize on the significant summer tourist traffic to the mountains. The lot size is 0 acres.

    Property Features for 11742 Sparta Rd

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1963
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Auto Repair Shop Department Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McGrady
    County
    Wilkes
    State
    North Carolina
    Longitude
    -81.22578
    Latitude
    36.32958

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, Mountain Access, Updated Building
    Where is this retail property located?
    The property is located at 11742 Sparta Rd McGrady, NC.
    What is the asking price?
    The asking price for this property is $189,000.
    (336) 667-1719
    Request Owner's contact information
    11742 Sparta Rd McGrady, NC 28649
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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
    11742 Sparta Rd McGrady, NC 28649
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