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    404 Elm St Marshville, NC 28103

    For Sale
    $749,000

    Spacious Church, Updated, 2 Buildings

    Property size:
    20,967 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional property at 404 N. Elm St., Marshville, NC 28103, presents a unique investment opportunity. The offering encompasses two buildings totaling 20,967 square feet, situated on a generous 1.48-acre lot. Built in 1924 and 1950, with significant renovations completed in 2023, this property boasts a blend of historical charm and modern updates. The main structure is a three-story building, offering ample space for various uses. The property is zoned CIV, providing flexibility for potential redevelopment or continued use as a religious facility. The asking price is $749,000, representing a compelling value for a property of this size and character in Union County. The fee simple ownership provides complete control and potential for long-term appreciation. This prime location in Marshville offers easy access to local amenities and transportation routes. The extensive renovations ensure the property is in excellent condition, ready for immediate occupancy or further development. This is a rare opportunity to acquire a substantial property with significant potential in a desirable North Carolina location. Serious inquiries are encouraged to explore the possibilities of this remarkable property.

    Property Features for 404 Elm St

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    20,967 SF
    Lot Size
    64,469 SF

    Building Details

    Year Renovated
    2023
    Buildings
    2
    Stories
    3

    HighLights

    • Exceptional investment opportunity: Two buildings totaling 20,967 square feet on a 1.48‑acre lot in Marshville, NC.
    • Built in 1924 & 1950, with 2023 renovations; three‑story main building.
    • CIV zoning allows for redevelopment or continued religious use.
    • Asking price: $749,000.
    • Fee simple ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshville
    County
    Union
    State
    North Carolina
    Longitude
    -80.3681715
    Latitude
    34.9901534

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    FAQs

    What type of property is this?
    Church & religious facility - Spacious Church, Updated, 2 Buildings
    Where is this church & religious facility located?
    The property is located at 404 Elm St Marshville, NC.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: Two buildings totaling 20,967 square feet on a 1.48-acre lot in Marshville, NC.; Built in 1924 & 1950, with 2023 renovations; three-story main building.; CIV zoning allows for redevelopment or continued religious use.
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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
    404 Elm St Marshville, NC 28103
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