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Property profile

106/108 Henry St Stoneville, NC 27048

OFF-MARKET
Investment properties
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 353,000 USD commercial property ideally situated in the heart of Stoneville's business district, directly adjacent to a town-maintained park. The building offers significant versatility, catering to a range of business models. The upper level is partially developed, with completed electrical and plumbing rough-ins for two one-bedroom apartments and two studio apartments. Inspections confirming the quality of these rough-ins are available. A new roofing membrane has been recently installed over a section of the building, enhancing its longevity and structural integrity. The expansive ground floor space is adaptable, easily subdivided to create multiple retail or office units, or maintained as a single large area for businesses requiring ample floor space. Its prominent location ensures high visibility to both pedestrian and vehicular traffic, maximizing exposure and potential customer reach. A significant advantage is the inclusion of a dedicated private parking area located at the rear of the building, providing convenient and secure parking for tenants or customers. This property represents a rare chance to acquire a well-positioned, adaptable commercial space with significant upside potential in a thriving business district.

Property profile

Verified
Property type Investment properties

Cap rate & NOI

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

Location

106/108 Henry St Stoneville, NC 27048
Stoneville metro
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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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