Property profile

5928 Nc-150 Denver, NC 28037

OFF-MARKET
Office Spaces
2,321 SF 1.38 ac lot Built 1977
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Property summary

AI-generated overview

This exceptional commercial property, located at 5928 E NC 150 HWY in Denver, North Carolina, presents a unique investment opportunity. The 2,321 square foot office building, constructed in 1977 and renovated in 2007, sits on a 1.38-acre lot and is zoned HC (Highway Commercial). The main building features a reception area, multiple private offices, shared workspaces, two ADA-compliant restrooms, one private restroom, and a staff break room. Its open layout and abundant natural light offer flexibility for various business needs. An additional structure on the property, comprising three garage bays, requires renovation or demolition. The property includes a paved parking lot with ten spaces, providing ample parking for employees and clients. Its prime location on NC Highway 150 ensures high visibility and easy access, complemented by proximity to major highways and residential areas. The property's versatile design makes it suitable for a range of businesses, from service-oriented enterprises to retail operations. The thriving Denver, NC community, known for its rapid growth, makes this a highly desirable location for businesses seeking to establish a presence in a dynamic market. This property offers immediate occupancy or the potential for a change of use, making it an attractive investment for discerning buyers. The two buildings are single-story structures.

Property profile

Verified
Property type Office Spaces
Year built 1977
Total area 2,321 SF
Lot 1.38 ac (60,113 SF)

Cap rate & NOI

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

Location

5928 Nc-150 Denver, NC 28037
Denver metro
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Value estimations

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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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