Church Facility with Metal
For Sale
$450,000
215 Coates Rd, Linden, NC 28356
Flexible facility with meeting, office, classroom, kitchen, storage, and outdoor work areas.
Property Size4,163 SF
Price / SF$108.10
Days on Market526
Property Features for 215 Coates Rd
General Information
Standard status
Active
Size
4,163 SF
Total Parking Spaces
33
Property subtype
Commercial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Year Built
2003
Buildings
2
Listing Agency:
RE/MAX CHOICE
Listed By:
LESLIE DYSINGER · License #279613
(573) 433-0166
Source:
Fayettevillehomesource
Added: May 7, 2025
Changed: Oct 1
Last Checked: Oct 12 at 8:32PM
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 RE/MAX CHOICE
Investment Insights
Based on property information with market context.
Built in 2003, this church facility contains approximately 4,163 square feet arranged with a large meeting room, three private offices, two classrooms, four restrooms, and storage areas throughout. The kitchen includes a stove, sink, and microwave. Six heating and air conditioning units provide zoned climate control, while a crawlspace with vapor barrier and functional gutters support the building’s maintenance features.
The property encompasses nearly 5 acres at 215 Coates Rd in Linden, NC. Approximately 33 designated parking spaces serve the main building, including 2 handicap-accessible spaces. A fenced exterior area provides secured outdoor space, and a separate metal building of approximately 2,500 square feet adds room for storage, workshop functions, or other operational needs.
The property encompasses nearly 5 acres at 215 Coates Rd in Linden, NC. Approximately 33 designated parking spaces serve the main building, including 2 handicap-accessible spaces. A fenced exterior area provides secured outdoor space, and a separate metal building of approximately 2,500 square feet adds room for storage, workshop functions, or other operational needs.
Key Highlights
- Nearly 5 acres with a main facility and separate exterior metal building
- Approximately 4,163 SF main building with meeting room, offices, classrooms, and storage
- Exterior metal building measures approximately 2,500 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,265
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,300
$625.3K
Cap Rate 7%
$446,643
$446.6K
Cap Rate 9%
$347,389
$347.4K
Market Conditions
NOI Build-Up for 4,163 SF
Gross rent
$52.5K $12.60/SF
− Vacancy
−$4.4K −$1.05/SF
EGI
$48.1K $11.55/SF
− OpEx
−$16.8K −$4.04/SF
NOI
$31.3K $7.51/SF
Area
Cumberland County, NC
Vacancy
8.30%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,300
Cap Rate 7%
$446,643
Cap Rate 9%
$347,389
Alternative Uses
Best Use
Industrial
$605.3K
$529.6K – $706.2K
NOI $42,369 @ 7.0% cap · market cap 9.42%
Second Best
Flex RnD
$446.6K
$390.8K – $521.1K
NOI $31,265 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$994.8K
$870.4K – $1.16M
NOI $69,635 @ 7.0% cap · market cap 15.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 28356, NC
5,562
Population
2,566
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
92%
High-School Grad
55.3 sq mi
ZIP Area
101
Density / Sq Mi
$63,592
Median Household Income
$47,316
Median Earnings
$731
Median Rent
$214,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Flexible facility with meeting, office, classroom, kitchen, storage, and outdoor work areas.
Where is this church & religious facility located?
The property is located at 215 Coates Rd Linden, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Nearly 5 acres with a main facility and separate exterior metal building; Approximately 4,163 SF main building with meeting room, offices, classrooms, and storage; Exterior metal building measures approximately 2,500 square feet
