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Property profile & analytics
FOR SALE
Commercial real estate

124 Brinson Rd Magnolia, NC 28453

2,400 SF 4.57 ac lot Built 1998
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US53-2655166
124 Brinson Rd, Magnolia, NC 28453 For Sale
$579,000 2,400 SF
124 Brinson Rd, Magnolia, NC 28453
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Property summary
AI-generated overview

This exceptional 3.34-acre commercial land parcel presents a unique investment opportunity in the thriving town of Magnolia, North Carolina. Located at 124 Brinson Road, this property offers significant potential for a variety of commercial ventures. The expansive acreage provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Its strategic location within Magnolia ensures high visibility and convenient access to local amenities and transportation routes. The absence of existing structures on the land allows for complete customization, eliminating the need for costly renovations or demolition. This blank canvas presents an unparalleled chance to build a bespoke commercial property tailored to specific requirements. Investors and developers will appreciate the potential for significant return on investment, given the property's size, location, and the current market demand for commercial space in the area. The land is ready for immediate development, making it an attractive option for those seeking a quick and efficient path to establishing a commercial presence in Magnolia. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $579,000. Detailed site surveys and zoning information are readily available upon request.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1998
Total area 2,400 SF
Lot 4.57 ac (199,069 SF)
APN 13- 790- - -
UPID US53-2655166
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • C-Check Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Atlantic Coast Properties LLC · 15 yrs held
Atlantic Coast Properties LLC
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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