Corner Lot Retail
16015 Swamp Fox Highway East Tabor City, NC 28463
16015 Swamp Fox Highway East, Tabor City, NC, 28463
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For Sale
Contact for pricing
Retail storefront on a 3.50-acre corner lot, offered for sale with space sized for a dedicated commercial use.
Property Size10,640 SF
Price / SF$131.77
Days on Market56
Property Features for 16015 Swamp Fox Highway East
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2022
Listing agency
Marcus & Millichap - Atlanta
(678) 808-2816
Listed by
Don McMinn · License #GA 292036
Source
Crexi
Added: May 27 Updated: Jul 10 at 1:50PM Checked: Jul 19 at 6:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Atlanta
Investment Insights
Based on property information with market context.
This for-sale retail storefront property sits on a 3.50-acre corner lot and totals 10,640 square feet of building area, providing a straightforward, dedicated option for retail-oriented tenants or buyers seeking an enclosed commercial space.
The property is located at 16015 Swamp Fox Highway East in Tabor City, North Carolina. As a corner-lot configuration, it can support storefront visibility from more than one direction based on the parcel layout.
Given the property’s retail storefront designation and overall size, it may fit businesses looking for a standalone footprint with room to operate within the existing building. Prospective tenants and owner-users should review the building layout and interior condition in person to confirm suitability for their specific retail requirements. Buyers can also consider how the corner-lot site and available acreage align with their operational needs, site planning, and customer access expectations.
The property is located at 16015 Swamp Fox Highway East in Tabor City, North Carolina. As a corner-lot configuration, it can support storefront visibility from more than one direction based on the parcel layout.
Given the property’s retail storefront designation and overall size, it may fit businesses looking for a standalone footprint with room to operate within the existing building. Prospective tenants and owner-users should review the building layout and interior condition in person to confirm suitability for their specific retail requirements. Buyers can also consider how the corner-lot site and available acreage align with their operational needs, site planning, and customer access expectations.
Key Highlights
- Retail storefront on a 3.50‑acre corner lot
- Year built: 2022
- Space is sized for a dedicated commercial use
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $191.5k | $18.00 |
| − Vacancy | −$8.0k | −$0.76 |
| EGI | $183.5k | $17.24 |
| − OpEx | −$55.0k | −$5.17 |
| NOI | $128.4k | $12.07 |
10,640 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.83M
$1.61M – $2.14M
NOI $128,433 @ 7.0% cap · market cap 9.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,672 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Retail storefront on a 3.50-acre corner lot, offered for sale with space sized for a dedicated commercial use.
Where is this storefront property located?
The property is located at 16015 Swamp Fox Highway East Tabor City, NC.
What is the asking price?
The asking price for this property is $1,402,000.
What are key features of this property?
This property features: Retail storefront on a 3.50‑acre corner lot; Year built: 2022; Space is sized for a dedicated commercial use
