Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1503 Cinema Dr Statesville, NC 28625

    Sponsored
    For Sale
    $350,000

    1.08-acre lot, prime retail location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.08-acre commercial land parcel, located at 1503 Cinema Drive in Statesville, North Carolina, presents a remarkable investment opportunity. Priced at $350,000, this property boasts a highly desirable location within the Eastside Center, surrounded by established businesses including Village Inn Pizza, Flow Nissan, Outback Steakhouse, Courtyard by Marriott, and Hampton Inn. The property is zoned CU-26 and B-4, allowing for a variety of commercial uses, making it ideal for retail development or quick-service restaurants (QSR). This interior lot offers excellent visibility and accessibility. Potential buyers should be aware that the property is subject to easements, covenants, conditions, and restrictions (CC&Rs) established for the Eastside Center. The precise details of these CC&Rs are available upon request. Situated in Iredell County, North Carolina, with a zip code of 28625, this property offers convenient access to major transportation routes and a thriving community. The coordinates are 35.7829324 latitude and -80.8622973 longitude. This is a rare opportunity to acquire a well-positioned commercial lot in a high-traffic area with significant growth potential. Don't miss out on this chance to secure a prime piece of Statesville real estate.

    Property Features for 1503 Cinema Dr

    General Information

    Property type
    Land
    Lot Size
    47,045 SF

    HighLights

    • Price: $350,000
    • 1.08 +/- Acres
    • Zoning: CU‑26 & B‑4
    Property Profile Location Intelligence

    Current Use by Public Records

    Village Inn Pizza ... Pizza Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office 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
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8622973
    Latitude
    35.7829324

    Nearby Similar for Sale

    • $649,500
      0.41 Acres

      Professional Office with Residential Apartments

      Two-story brick building with office space and residential apartments.
      224 Harrill St, Statesville, NC 28677
      View Details
    • New
      $200,000
      0.64 Acres

      Statesville Office/Land Opportunity

      Versatile property with commercial zoning in a high-growth area.
      1225 Davie Ave, Statesville, NC 28677
      View Details
    • $300,000
      0.44 Acres

      Versatile Commercial Property Near Downtown

      Statesville property suitable for retail, office, or residential use.
      1120 Davie Ave, Statesville, NC 28677
      View Details
    • $325,000
      0.86 Acres

      Statesville Commercial Property For Sale

      Established 1,522 sq.ft. commercial property in Statesville, North Carolina.
      1512 Davie Ave, Statesville, NC 28677
      View Details
    • $495,000
      3.50 Acres

      Statesville Commercial Property on 3.5 Acres

      Commercial property in prime location near interstates and major highways.
      2250 Wilkesboro Hwy, Statesville, NC 28625
      View Details
    • $295,000
      0.29 Acres

      Statesville Day Care Opportunity

      Day care facility licensed for 28 children in Statesville.
      437 Hillcrest Rd, Statesville, NC 28677
      View Details
    • $140,000
      0.34 Acres

      Commercial Property with Expansion Potential

      Commercial property with flexible zoning near interstates and downtown.
      204 N Oakland Ave, Statesville, NC 28677
      View Details
    • $315,000
      0.18 Acres

      Statesville Multifamily Investment Opportunity

      Multifamily property with duplex and single-family home in Statesville.
      221 Garfield St, Statesville, NC 28677
      View Details
    • $995,500
      0.58 Acres

      Statesville Commercial Building For Sale

      Commercial building with offices, roll-up doors, loading dock, and parking.
      1809 W Front St, Statesville, NC 28677
      View Details
    • $34,995
      1.12 Acres

      Land Near I-77, Statesville, NC

      Versatile land near I-77, suitable for single or multifamily use.
      401 Brookfield Dr, Statesville, NC 28625
      View Details
    • $120,000
      1.30 Acres

      Waterfront Lot in Gated Community

      1.3-acre waterfront lot with 118' shoreline in gated community.
      172 Pumice Dr, Statesville, NC 28625
      View Details
    • $150,000
      2.09 Acres

      Waterfront Land Near Lake Norman

      Tranquil waterfront property near Lake Norman with easy highway access.
      Lookout Dam Rd, Statesville, NC 28625
      View Details

    FAQs

    What type of property is this?
    Land - 1.08-acre lot, prime retail location.
    Where is this land located?
    The property is located at 1503 Cinema Dr Statesville, NC.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Price: $350,000; 1.08 +/- Acres; Zoning: CU-26 & B-4
    Request Owner's contact information
    1503 Cinema Dr Statesville, NC 28625
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1503 Cinema Dr
    Statesville, NC 28625
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1503 Cinema Dr Statesville, NC 28625
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.