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    3451 Graystone Pl Conover, NC 28613

    Sponsored
    For Sale
    $325,000

    Large commercial space, high potential, needs work.

    Property size:
    5,368 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 5,368 square foot commercial property, situated at 3451 Graystone Place SE in Conover, North Carolina, presents a unique investment opportunity. Located conveniently near Catawba Hospital, this property boasts a prime location ideal for a variety of commercial uses, particularly medical offices. The substantial square footage offers ample space for customization and development, allowing for the creation of a tailored commercial space to meet specific business needs. While the property requires significant renovations, this presents a chance for a buyer to add value and create a highly profitable venture. The 0.68-acre lot provides ample outdoor space, potentially for parking or future expansion. Currently priced significantly below tax value, this property represents a compelling investment opportunity for discerning buyers seeking a high-return project. The potential for substantial rental income, coupled with the flexibility for customization, makes this a truly unique offering in a desirable location. Don't miss the chance to transform this property into a thriving commercial enterprise. The property is located in Conover, NC.

    Property Features for 3451 Graystone Pl

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,368 SF
    Lot Size
    29,621 SF

    Building Details

    Year Built
    1973
    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 Hair Salon Wholesale Shop Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Conover
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.26292
    Latitude
    35.71459

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    FAQs

    What type of property is this?
    Commercial real estate - Large commercial space, high potential, needs work.
    Where is this commercial real estate located?
    The property is located at 3451 Graystone Pl Conover, NC.
    What is the asking price?
    The asking price for this property is $325,000.
    Request Owner's contact information
    3451 Graystone Pl Conover, NC 28613
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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
    3451 Graystone Pl Conover, NC 28613
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