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    330 Sterling St, Unit A VALDESE Valdese, NC 28690

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    For Sale
    $258,000

    B-2 zoned property with potential for restoration or redevelopment.

    Property Features for 330 Sterling St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1927

    Source: MCCOMBS & HOKE REAL ESTATE Agent STARLA HOKE

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

    Overview

    Valdese Investment Opportunity

    This property, located in Valdese, North Carolina, presents a unique investment opportunity. Zoned B-2, the site formerly operated as a hotel with up to 10 efficiency units, two of which sustained fire damage. A brick home, vacant for several years, is also situated on the property and offers potential for restoration or redevelopment. The property benefits from a central location within Valdese, a town known for its Waldensian heritage and artisan culture in the foothills of Western North Carolina. The location provides excellent visibility and accessibility, with convenient access to I-40 and proximity to local businesses, industry, shopping, dining, and entertainment. This site offers the opportunity to bring fresh life to a piece of local history.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Valdese
    County
    Burke
    State
    North Carolina
    Longitude
    -81.5784144
    Latitude
    35.7481485

    Nearby Similar for Sale

    • New
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      0.24 Acres

      Historic Valdese Commercial Building

      Two-story brick building with parking in historic Valdese, NC.
      259 Main St W, Valdese, NC 28690
      View Details
    • $139,000
      0.72 Acres

      Waterfront Lot with Mountain Views

      Dockable waterfront lot in gated community with city utilities.
      2620 Waterside Blvd NW, Valdese, NC 28690
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    • $895,000
      34,500 SF

      Valdese Warehouse: 34,500 SF

      Spacious industrial warehouse, recently renovated.
      409 Morgan St, Valdese, NC 28690
      View Details

    FAQs

    What type of property is this?
    Hotel - B-2 zoned property with potential for restoration or redevelopment.
    Where is this hotel located?
    The property is located at 330 Sterling St, Unit A VALDESE Valdese, NC.
    What is the asking price?
    The asking price for this property is $258,000.
    What are key features of this property?
    This property features: - Prime B-2 Zoned Location: Situated in the heart of Valdese, NC, offering excellent visibility and accessibility.; - High Redevelopment Potential: Includes a former hotel site (up to 10 efficiency units) and a stately brick home, presenting diverse options for restoration or redevelopment.; - Convenient Access to I-40: Provides easy transportation links for customers, employees, or residents.
    (828) 437-7766
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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
    330 Sterling St, Unit A VALDESE Valdese, NC 28690
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