Property profile

2981 Old Nc Hwy Cherryville, NC 28033

OFF-MARKET
Retail properties & Spaces
0.8 ac lot Built 1920
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Property summary

AI-generated overview

This charming 1920s storefront, located at 2981 Old NC Highway 150 in Crouse, North Carolina (zip code 28033), presents a unique investment opportunity. Priced at $79,900, this 0.8-acre property is zoned B-N and boasts a delightful cottage-style building previously used as an antique store. The building features beautiful hardwood floors throughout most of the space and attractive beadboard walls in several rooms. The original doors and windows retain significant character. A covered front porch adds to the property's appeal. While a small kitchen area exists, it currently lacks a water source

Property profile

Verified
Property type Retail properties & Spaces
Year built 1920
Lot 0.8 ac (34,848 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2981 Old Nc Hwy Cherryville, NC 28033
Cherryville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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