0925 Ophir Ave, Troy, NC 27371
Exceptional investment opportunity in Troy, NC, featuring a 3,000 square foot building on a 0.9-acre lot. Originally constructed in 2002, this single-story structure was repurposed in 2012 as a child development center, boasting three handicap-accessible ramps and a covered porch. The interior layout includes a central reception area with administrative space, and adaptable former exam rooms that can be easily reconfigured. The building's truss roofing system offers significant flexibility for future renovations. With ample parking for 15 vehicles, this property presents diverse potential uses, including but not limited to: community center, church, private school, adult day care, multi-family housing (duplex or triplex), small nursing home, rehabilitation facility, or drug treatment center. The $75 per square foot asking price reflects the property's versatility and prime location. Consult Troy's planning and zoning department for permitted uses under the MU-2 zoning designation. This property is priced at $225,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.