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    1316 Nc Hwy 16 Hwy Stanley, NC 28164

    For Sale
    $799,000

    Prime 2.8-acre corner lot, ideal for diverse businesses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 2.8-acre commercial property in Stanley, NC, presents a remarkable opportunity for entrepreneurs and investors. Located at 1316 S Nc Hwy 16 Highway, this high-traffic corner lot boasts a prominent red light intersection, ensuring maximum visibility and accessibility. The property is zoned B-N, allowing for a wide range of permitted uses, including retail, restaurants, childcare facilities, places of worship, banks, microbreweries, offices, medical and veterinary clinics, and various general service businesses such as dance studios, martial arts centers, bicycle repair shops, music studios, and printing services. The existing structure on the property offers over 1800 square feet of space, providing immediate potential for adaptation or expansion. This versatile property is perfectly positioned to capitalize on the area's growth and offers unparalleled potential for a variety of commercial ventures. Its prime location and flexible zoning make it an exceptional investment opportunity. Don't miss this chance to secure a highly visible and desirable commercial property in a thriving community. The asking price is $799,000.

    Property Features for 1316 Nc Hwy 16 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    121,968 SF

    Building Details

    Year Built
    1954
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Stanley
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.01138
    Latitude
    35.41619

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.8-acre corner lot, ideal for diverse businesses.
    Where is this commercial real estate located?
    The property is located at 1316 Nc Hwy 16 Hwy Stanley, NC.
    What is the asking price?
    The asking price for this property is $799,000.
    (704) 829-3518
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    1316 Nc Hwy 16 Hwy Stanley, NC 28164
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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
    1316 Nc Hwy 16 Hwy Stanley, NC 28164
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