404 Elm St, Marshville, NC 28103
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.
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.
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.