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    707 Gaither Rd Statesville, NC 28625

    Sponsored
    For Sale
    $1,150,000

    9,000 SF Flex/Warehouse, $1.15M

    Property size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,000-square-foot flex/warehouse property presents a compelling investment or owner-user opportunity in Statesville, North Carolina. Situated on a 0.53-acre lot, this highly visible property boasts prime location at Exit 151 of I-40, just half a mile from I-77. The B-4 zoning allows for a variety of uses. The building offers significant advantages due to its proximity to major transportation arteries, providing easy access to regional markets. Statesville's robust growth, fueled by ongoing road improvements along I-77 and I-40, makes this a particularly attractive investment. The property's strategic location and versatile zoning cater to both owner-occupiers seeking efficient space and investors looking for strong returns. Utilities are provided by the City of Statesville. The asking price is $1,150,000, translating to $127.78 per square foot. The property's Assessed Property Number (APN) is 4745340374.000. This is a rare opportunity to acquire a well-positioned industrial property in a thriving market. The address is 707 Gaither Rd, Statesville, NC 28625.

    Property Features for 707 Gaither Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    9,000 SF
    Lot Size
    23,087 SF

    HighLights

    • $1,150,000 asking price for a 9,000 SF flex/warehouse building.
    • Located at 707 Gaither Rd, Statesville, NC 28625.
    • 0.53‑acre lot zoned B‑4.
    • High visibility from I‑40, near I‑77.
    • $127.78/SF price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.878092561076
    Latitude
    35.807873659932

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    FAQs

    What type of property is this?
    Distribution property - 9,000 SF Flex/Warehouse, $1.15M
    Where is this distribution property located?
    The property is located at 707 Gaither Rd Statesville, NC.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: $1,150,000 asking price for a 9,000 SF flex/warehouse building.; Located at 707 Gaither Rd, Statesville, NC 28625.; 0.53-acre lot zoned B-4.
    Request Owner's contact information
    707 Gaither Rd Statesville, NC 28625
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    Statesville, NC 28625
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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
    707 Gaither Rd Statesville, NC 28625
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