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    1190 Nc-16 Business Stanley, NC 28164

    For Sale
    $529,900

    Vacant 2,045 SF Office, $529,900

    Property size:
    2,045 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This vacant 2,045 square foot office building presents a compelling investment opportunity in Stanley, North Carolina. Situated on a 1.32-acre lot with over 150 feet of road frontage, the property boasts a convenient location near Highway 16, offering easy access to major interstates. Built in 1950, this 1.5-story traditional office building is classified as Class C and is currently vacant. The property features a very flat, partially cleared lot, currently used for car storage. Zoned ELDD BG (East Lincoln overlay, General Business), it benefits from a high traffic count, with an average daily traffic volume of 11,000 vehicles (2019 data). The surrounding area is a mix of heavy and light industrial, office, and residential properties. County water is available, and the property utilizes a septic system

    Property Features for 1190 Nc-16 Business

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,045 SF
    Class
    C
    Lot Size
    57,499 SF

    Building Details

    Year Built
    1950
    Buildings
    1

    HighLights

    • Vacant 2,045 SF office building in Stanley, NC.
    • 1.32‑acre lot with over 150' of road frontage near Highway 16.
    • 1950‑built, 1.5‑story Class C building.
    • High‑traffic location (11,000 ADT, 2019 data), zoned ELDD BG (East Lincoln overlay, General Business).
    • Flat, partially cleared lot; currently used for car storage; county water & septic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Stanley
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.01164
    Latitude
    35.419728

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    FAQs

    What type of property is this?
    Office Property / Space - Vacant 2,045 SF Office, $529,900
    Where is this office property / space located?
    The property is located at 1190 Nc-16 Business Stanley, NC.
    What is the asking price?
    The asking price for this property is $529,900.
    What are key features of this property?
    This property features: Vacant 2,045 SF office building in Stanley, NC.; 1.32-acre lot with over 150' of road frontage near Highway 16.; 1950-built, 1.5-story Class C building.
    Request Owner's contact information
    1190 Nc-16 Business Stanley, NC 28164
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    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
    1190 Nc-16 Business Stanley, NC 28164
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