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    6125 Nc-16 Township Of Township of Taylorsville, NC 28681

    Sponsored
    For Sale
    $599,000

    Historic school site, redevelopment potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This 8.84-acre commercial land parcel, located at 6125 NC-16 in the Township of Taylorsville, Alexander County, North Carolina (zip code 28681), presents a unique redevelopment opportunity. The property, formerly the Wittenburg School, boasts a rich history and is situated on a prominent corner lot at Hwy 16 and Friendship Church Rd. Built in 1948, the site includes a main school building, a detached gymnasium, and expansive grounds suitable for various uses. The property features fields ideal for recreational activities or future development. Potential buyers should be aware that prior environmental studies have identified the presence of asbestos and lead within the existing structures. Furthermore, the roof requires replacement. The property is zoned RA-20, offering flexibility for potential development plans. This substantial acreage presents a compelling investment opportunity for developers and entrepreneurs seeking a large-scale project with significant potential. The property's location and size offer considerable advantages for a variety of commercial ventures. Serious inquiries are encouraged to conduct their own due diligence and assess the property's suitability for their specific plans.

    Property Features for 6125 Nc-16 Township Of

    General Information

    Property type
    Land
    Lot Size
    385,070 SF

    HighLights

    • 8.84‑acre commercial land parcel in Taylorsville, NC.
    • Located on a prominent corner lot at Hwy 16 and Friendship Church Rd.
    • Includes a main school building, detached gymnasium, and expansive grounds.
    • Features fields suitable for recreation or development.
    • Requires roof replacement and environmental remediation (asbestos and lead).
    • Zoned RA‑20.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Township of Taylorsville
    County
    Alexander
    State
    North Carolina
    Longitude
    -81.184611
    Latitude
    35.8393873

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    FAQs

    What type of property is this?
    Land - Historic school site, redevelopment potential.
    Where is this land located?
    The property is located at 6125 Nc-16 Township Of Township of Taylorsville, NC.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 8.84-acre commercial land parcel in Taylorsville, NC.; Located on a prominent corner lot at Hwy 16 and Friendship Church Rd.; Includes a main school building, detached gymnasium, and expansive grounds.
    (828) 322-8022
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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
    6125 Nc-16 Township Of Township of Taylorsville, NC 28681
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