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    OFF-MARKET
    Commercial real estate

    814 Mills Dr, Landis, NC 28088

    0.88 ac lot Built 1924
    Property ID
    Property summary
    AI-generated overview

    This exceptional Landis, NC property presents a unique dual-income opportunity. Situated on nearly an acre of land (0.88 acres) at 814 E Mills Drive, this offering encompasses two parcels (133010 and 133009) ideally located on S US HWY 29. Parcel 133010, commercially zoned, includes an established pet grooming business and a comfortable 2-bedroom, 1-bathroom residence. This allows for immediate income generation and the convenience of having your business right at home. Parcel 133009, zoned residential, offers a charming 2-bedroom, 1.5-bathroom home with potential for a third bedroom, plus a convenient storage building. This second home provides additional rental income potential, further enhancing the investment value. The combined properties offer a rare blend of live-work-rent capabilities, making it an attractive proposition for entrepreneurs seeking convenience and financial growth. The property's location on a major highway ensures high visibility and accessibility. This is a turnkey opportunity to own and operate a thriving business while simultaneously enjoying the benefits of a comfortable home and generating passive income from a rental property. The total asking price for this unique dual-income property is $799,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1924
    Lot 0.88 ac (38,333 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Jim Lawn Mower Repair Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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