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