Property profile

404 Elm St Marshville, NC 28103

OFF-MARKET
Specialty properties
20,967 SF 1.48 ac lot
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Property summary

AI-generated overview

This exceptional property at 404 N. Elm St., Marshville, NC 28103, presents a unique investment opportunity. The offering encompasses two buildings totaling 20,967 square feet, situated on a generous 1.48-acre lot. Built in 1924 and 1950, with significant renovations completed in 2023, this property boasts a blend of historical charm and modern updates. The main structure is a three-story building, offering ample space for various uses. The property is zoned CIV, providing flexibility for potential redevelopment or continued use as a religious facility. The asking price is $749,000, representing a compelling value for a property of this size and character in Union County. The fee simple ownership provides complete control and potential for long-term appreciation. This prime location in Marshville offers easy access to local amenities and transportation routes. The extensive renovations ensure the property is in excellent condition, ready for immediate occupancy or further development. This is a rare opportunity to acquire a substantial property with significant potential in a desirable North Carolina location. Serious inquiries are encouraged to explore the possibilities of this remarkable property.

Property profile

Verified
Property type Specialty properties
Total area 20,967 SF
Lot 1.48 ac (64,469 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Charitable Organization Social Service Agency

Location

404 Elm St Marshville, NC 28103
Marshville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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