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    1835 Davie Ave Unit Statesville, NC 28677

    Sponsored
    For Sale
    $725,000

    High-yield office building, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a well-established income-producing office building situated at 1835 Davie Avenue, Suite 40, in Statesville, North Carolina. The property boasts a strategic location along Davie Avenue, a major east-west thoroughfare providing convenient access to downtown Statesville. The building's 5,724 gross square feet offers significant potential for growth and expansion. Its location within a healthcare-focused neighborhood provides a stable and desirable tenant base. The property sits on a 0.12-acre lot, offering ample space for parking and potential future development. This is an established income-producing asset, ideal for investors seeking a strong return on investment in a thriving North Carolina market. Detailed financial information is available upon request. The property is currently generating income and presents a compelling opportunity for immediate returns and long-term growth. Serious inquiries only. Financial details are available to qualified buyers upon execution of a confidentiality agreement. This is a turnkey investment opportunity ready for a new owner to step in and continue the success. Don't miss this chance to acquire a valuable asset in a desirable location.

    Property Features for 1835 Davie Ave Unit

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1981
    Property Profile Location Intelligence

    Current Use by Public Records

    SHERRIE'S IN-HOME CARE, ... Home Health Care Service Partners Health Management ... Mental Health Service Highlights Healthcare - Statesville ... Pediatrician Financial Solutions of the Carolinas Non-Profit Organization Druzbik Family Chiropractic Wellness Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.86288
    Latitude
    35.80192

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    FAQs

    What type of property is this?
    Office Property / Space - High-yield office building, prime location.
    Where is this office property / space located?
    The property is located at 1835 Davie Ave Unit Statesville, NC.
    What is the asking price?
    The asking price for this property is $725,000.
    (704) 881-0771
    Request Owner's contact information
    1835 Davie Ave Unit Statesville, NC 28677
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    Statesville, NC 28677
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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
    1835 Davie Ave Unit Statesville, NC 28677
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