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    8614 Hwy 74 Hwy Marshville, NC 28103

    For Sale
    $525,000

    High-traffic corner lot, owner financing possible.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 1.03-acre commercial property at 8614 E Hwy 74 in Marshville, NC, presents a unique investment opportunity. Currently operating as a long-established used car lot (Traywick Motor Company) since the 1950s, this location boasts unparalleled visibility and accessibility. With an estimated 19,000 vehicles passing daily, this high-traffic corner lot offers significant potential for various businesses. The property includes a secure chain-link fence and a rear garage, providing ample space for storage and operations. Its strategic location offers easy access, being just minutes from the Monroe bypass. The property is currently under lease for the next 18 months, providing immediate income potential for the new owner. The asking price is $525,000, and owner financing may be available. This rare opportunity to acquire a well-established business location with high visibility and excellent access shouldn't be missed. Don't miss out on this chance to own a piece of Marshville's commercial landscape. Serious inquiries only.

    Property Features for 8614 Hwy 74 Hwy

    General Information

    Property type
    Investment properties
    Lot Size
    44,867 SF

    Building Details

    Year Built
    1955
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Marshville
    County
    Union
    State
    North Carolina
    Longitude
    -80.31671
    Latitude
    34.98726

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    FAQs

    What type of property is this?
    Investment property - High-traffic corner lot, owner financing possible.
    Where is this investment property located?
    The property is located at 8614 Hwy 74 Hwy Marshville, NC.
    What is the asking price?
    The asking price for this property is $525,000.
    (704) 681-0650
    Request Owner's contact information
    8614 Hwy 74 Hwy Marshville, NC 28103
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    Marshville, NC 28103
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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
    8614 Hwy 74 Hwy Marshville, NC 28103
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