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    23122 Nc Highway 109 Denton, NC 27239

    Sponsored
    For Sale
    $625,000

    Charming 5-acre event space, huge potential!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 5.02-acre property located at 23122 NC Highway 109, Denton, NC, presents a unique investment opportunity. Formerly known as Willow Falls, this rustic and charming venue boasts ample indoor and outdoor space, catering to diverse customer preferences. The main building includes a fully functional bar, a sizable kitchenette area, separate men's and women's restrooms, a dedicated bridal suite, and a groom's room. All the essential elements for a successful event space are already in place. Furthermore, a substantial separate storage building offers significant expansion potential. This structure could be maintained as is, or creatively repurposed to increase the venue's capacity and functionality, generating additional revenue streams. The property's existing infrastructure and versatile layout provide a solid foundation for a thriving business. The asking price for this turnkey event venue is $625,000. This presents a rare chance to acquire an established business with significant upside potential in a desirable location. The property is zoned for commercial use and is ready for immediate occupancy. Don't miss this opportunity to own a piece of Denton's vibrant event scene.

    Property Features for 23122 Nc Highway 109

    General Information

    Property type
    Investment properties

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Furniture Store Discount Store Electronics Store Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.09396
    Latitude
    35.56004

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    FAQs

    What type of property is this?
    Investment property - Charming 5-acre event space, huge potential!
    Where is this investment property located?
    The property is located at 23122 Nc Highway 109 Denton, NC.
    What is the asking price?
    The asking price for this property is $625,000.
    (336) 992-0200
    Request Owner's contact information
    23122 Nc Highway 109 Denton, NC 27239
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    Denton, NC 27239
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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
    23122 Nc Highway 109 Denton, NC 27239
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