Property profile

5928 Nc Hwy 150 Hwy Denver, NC 28037

OFF-MARKET
Office Spaces
2,321 SF 1.38 ac lot Built 1977
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Property summary

AI-generated overview

This exceptional 2,321 square foot office building is strategically located on NC Highway 150 in Denver, North Carolina, offering unparalleled visibility and accessibility. Situated on a 1.38-acre lot, the property boasts a renovated masonry structure, completed in 2007, featuring a well-designed layout ideal for a variety of businesses. The main building includes a reception area with privacy glass, multiple private offices, shared workspaces, two ADA-compliant restrooms, one private restroom, and a staff break room. An additional benefit is an accessory structure containing three garage bays, presenting a significant opportunity for expansion or additional storage, although repairs are needed. The property also features a paved asphalt parking lot with ten designated spaces, easily accessible via a full curb cut. Water and sewer services are available. This location provides convenient access to major roadways and nearby residential areas, ensuring high traffic volume and a strong customer base. Denver's thriving community makes this a highly desirable location for businesses seeking to thrive in a growing market. The property's combination of prime location, renovated office space, and potential for expansion makes it an exceptional investment opportunity.

Property profile

Verified
Property type Office Spaces
Year built 1977
Total area 2,321 SF
Lot 1.38 ac (60,113 SF)

Cap rate & NOI

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

Location

5928 Nc Hwy 150 Hwy Denver, NC 28037
Denver 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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