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Property profile & analytics
OFF-MARKET
Land

6125 Nc-16 Township Of Township of Taylorsville, NC 28681

8.84 ac lot
Property ID
Property summary
AI-generated overview

This 8.84-acre commercial land parcel, located at 6125 NC-16 in the Township of Taylorsville, Alexander County, North Carolina (zip code 28681), presents a unique redevelopment opportunity. The property, formerly the Wittenburg School, boasts a rich history and is situated on a prominent corner lot at Hwy 16 and Friendship Church Rd. Built in 1948, the site includes a main school building, a detached gymnasium, and expansive grounds suitable for various uses. The property features fields ideal for recreational activities or future development. Potential buyers should be aware that prior environmental studies have identified the presence of asbestos and lead within the existing structures. Furthermore, the roof requires replacement. The property is zoned RA-20, offering flexibility for potential development plans. This substantial acreage presents a compelling investment opportunity for developers and entrepreneurs seeking a large-scale project with significant potential. The property's location and size offer considerable advantages for a variety of commercial ventures. Serious inquiries are encouraged to conduct their own due diligence and assess the property's suitability for their specific plans.

Property profile
Verified
Property type Land
Lot 8.84 ac (385,070 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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