1503 Cinema Dr Statesville, NC 28625
This exceptional 1.08-acre commercial land parcel, located at 1503 Cinema Drive in Statesville, North Carolina, presents a remarkable investment opportunity. Priced at $350,000, this property boasts a highly desirable location within the Eastside Center, surrounded by established businesses including Village Inn Pizza, Flow Nissan, Outback Steakhouse, Courtyard by Marriott, and Hampton Inn. The property is zoned CU-26 and B-4, allowing for a variety of commercial uses, making it ideal for retail development or quick-service restaurants (QSR). This interior lot offers excellent visibility and accessibility. Potential buyers should be aware that the property is subject to easements, covenants, conditions, and restrictions (CC&Rs) established for the Eastside Center. The precise details of these CC&Rs are available upon request. Situated in Iredell County, North Carolina, with a zip code of 28625, this property offers convenient access to major transportation routes and a thriving community. The coordinates are 35.7829324 latitude and -80.8622973 longitude. This is a rare opportunity to acquire a well-positioned commercial lot in a high-traffic area with significant growth potential. Don't miss out on this chance to secure a prime piece of Statesville real estate.
-
Village Inn Pizza Cinema Drive Restaurant
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
Similar Nearby for Sale
Similar Nearby for Lease
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.