00 Oakland Rd Spindale, NC 28160
This exceptional 0.7-acre commercial lot is ideally situated in Spindale, North Carolina, at the corner of Oakland Road and College Avenue. Boasting excellent visibility and exposure to a high volume of daily traffic exceeding 20,000 vehicles, this property presents a unique opportunity for developers and investors. The lot is conveniently located in Rutherford County, with the address listed as 00 Oakland Rd, Spindale, NC 28160. Its CC zoning designation opens doors to a variety of commercial uses. The land itself is remarkably level and has already undergone rough grading and grassing, significantly reducing site preparation costs. The property's APN is 1655148, and ownership is held by 515 Oakland NC LTD, LLC. This prime location, combined with the prepared nature of the land, makes this a truly attractive investment opportunity. The asking price for this exceptional commercial lot is $350,000. Don't miss out on this chance to secure a highly visible and easily developed commercial property in a thriving area.
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
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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.