Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3264 Broad St Clyde, NC 28721

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $249,000

    Two-story building with versatile space in Clyde, North Carolina.

    Property Features for 3264 Broad St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1977

    We can help!

    Listing Contact
    Brian K. Noland
    Brian K. Noland
    Source: Corcoran

    Listing Agency: HOWARD HANNA BEVERLY-HANKS WAYNESVILLE Listing Agent: Brian K. Noland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Clyde Commercial Opportunity For Sale

    Located in Clyde, North Carolina, just off Main Street, this commercial property features a two-story building with a brick and wood facade. The building offers over 9,000 square feet of space. The upper level features ceilings that taper to 6 feet in height, suitable for creative office or retail uses. The property includes 16 to 18 concrete parking spaces. City water and sewer utilities are available, and Spectrum high-speed internet is also available. The first floor sustained flooding during Hurricane Helene and has been fully cleaned and stripped, providing a clean slate for redevelopment.
    Location Intelligence

    Current Use by Public Records

    Smoky Mountain Cremations ... Social Service Agency Rivers of Restoration Mi Church

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Auto Repair Shop Accounting Firm Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Clyde
    County
    Haywood
    State
    North Carolina
    Longitude
    -82.9119246
    Latitude
    35.5341055

    Nearby Similar for Sale

    • $289,000
      500 SF

      Clyde Commercial Property For Sale

      500 sq ft modular building in central Clyde location.
      8305 Carolina Blvd, Clyde, NC 28721
      View Details
    • $249,000

      Versatile Clyde Commercial Opportunity

      Two-story building with over 9,000 SF for redevelopment.
      3264 Broad St, Clyde, NC 28721
      View Details
    • $289,000

      Clyde Commercial Property For Sale

      Prime commercial property in Clyde with high visibility and versatile space.
      8305 Carolina Blvd, Clyde, NC 28721
      View Details
    • $900,000
      2,656 SF

      Clyde Commercial Buildings with Parking

      Two commercial buildings with parking, office, warehouse, and apartment.
      22 Park Terrace Dr, Clyde, NC 28721
      View Details
    • $2,800,000
      11,260 SF

      Custom Designed Medical Office Building

      Multipurpose 11,000+ sq ft building near I-40 and hospital.
      540 Hospital Dr, Clyde, NC 28721
      View Details
    • Contact for pricing
      10,005 SF

      Income-Producing Property in Clyde

      Historic property with retail space and storage units for sale.
      8275 Carolina Blvd, Clyde, NC 28721
      View Details
    • $990,000
      2,656 SF

      Clyde Office Complex: Prime Investment

      2,656 SF Office, Two Buildings, High Rental Income
      22 Park Terrace Dr, Clyde, NC 28721
      View Details
    • Contact for pricing

      Prime Commercial Property in Clyde

      High-visibility commercial property suitable for retail, office, or service businesses.
      8305 Carolina Blvd, Clyde, NC 28721
      View Details
    • $2,100,000
      135.00 Acres

      Mountain Paradise Retreat - Clyde, NC

      135 Acres, 5 Cabins, Barn & Garage
      36 Bridle Path Ln, Clyde, NC 28721
      View Details
    • $725,000
      44.41 Acres

      I-40 Commercial Land Opportunity

      Clyde, NC: 44 Acres, High Development Potential
      000 Thompson Cove Rd, Clyde, NC 28721
      View Details

    FAQs

    What type of property is this?
    Retail space - Two-story building with versatile space in Clyde, North Carolina.
    Where is this retail space located?
    The property is located at 3264 Broad St Clyde, NC.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Prime commercial location in the heart of Clyde, NC, just off Main Street.; - Over 9,000 square feet of versatile space in a two-story building.; - 16–18 concrete parking spaces for excellent accessibility.
    (828) 734-5201
    Request Owner's contact information
    3264 Broad St Clyde, NC 28721
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3264 Broad St
    Clyde, NC 28721
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3264 Broad St Clyde, NC 28721
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brian K. Noland
    Brian K. Noland
    Real Estate License ID: 263678
    (828) 734-5201 (828) 452-5809 (828) 452-4911
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!