229 Belgrade Ave, Garland, NC 28441
This exceptional 3.09-acre property in Garland, NC, presents a unique investment opportunity. Formerly Garland Farm Supply, this site boasts substantial storage infrastructure, including four grain storage bins (approximately 120,000-130,000 bushel capacity), two hoppers (approximately 40,000 bushel capacity), a grain dryer, and eight ingredient tanks (approximately 30,000 bushel capacity). Additional features include a salt tank (approximately 60,000 lbs capacity), two 8-ton mineral tanks, a 10x70 scale platform, and a 1,900 sq ft office/storage building. Four additional sheds/buildings are also located on the property. Infrastructure includes a 12' grain pit, underground gas and electrical plumbing, various concrete pads, and extensive gravel driveway/parking. The property offers approximately 450 feet of frontage on N Belgrade Ave/Harrells Hwy, within Garland city limits. The 2024 tax value is $221,000, with an appraisal of $165,000 conducted on August 4, 2022. The property is being sold "As Is and Where Is," with all contents and materials included in the sale. The current owner has no knowledge of the age or functionality of the equipment
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.