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Well-Maintained Office Building

Conover, NC 28613 Conover, NC 28613

New
Conover, NC, 28613
$640,000
For Sale
$640,000

COMMERCIAL - Conover, NC

Property Size2,075 SF
Lot Size0.47 Acres
Price / SF$308.43
Days on Market6

Property Features

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.47 Acres

Building Details

Year built
2003
Listing Agency NextHome Blue Skies
520 8th St. NE, NC
Listed by Kay Sigmon · License #NC-316703,PersonLicenseNumber
Added: Jul 16 Updated: Jul 20 at 4:00 pm Checked: Jul 21 at 3:06 am
MLS# 4180814

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained office building offers 2,075 square feet of space and sits on a 0.47-acre lot. The property includes ample parking and is described as accessible, supporting a practical experience for employees and visitors.

The building is positioned in Conover, North Carolina, in a high-traffic area less than a mile from I-40 and downtown Conover, with proximity to key commercial and residential zones. The location is intended to support visibility and accessibility for clients and patrons. For buyers seeking a commercial building suited to a range of professional uses, this property provides a straightforward platform with established site amenities. Schedule a showing to review the premises firsthand.

Key Highlights

  • Commercial building built in 2003
  • 0.47‑acre property with a 2,075 SF building for professional use
  • Located in Conover, NC, less than 1 mile from I‑40 and downtown Conover

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $44.8k $21.60
− Vacancy −$8.3k −$4.00
EGI $36.5k $17.60
− OpEx −$9.1k −$4.40
NOI $27.4k $13.20
2,075 SF · lease $21.60/SF/yr · vacancy 18.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$391.4K
$342.5K – $456.6K (±1% cap)
NOI $27,396 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$606.1K
$530.4K – $707.2K (±1% cap)
NOI $42,430 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

FAQs

What type of property is this?
Office building - Well-maintained office building with ample parking, sized at 2,075 SF on a 0.47-acre lot in Conover, NC.
Where is this office building located?
The property is located at Conover, NC.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Commercial building built in 2003; 0.47‑acre property with a 2,075 SF building for professional use; Located in Conover, NC, less than 1 mile from I‑40 and downtown Conover
Contact an agent
More about this property
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