Property summary
This exceptional investment opportunity presents a substantial 12,000-15,000 square foot brick commercial building situated on a 0.67-acre lot in Carthage, NC. Currently leased month-to-month to a mechanic, this property boasts two drive-in doors, one loading dock, two private offices, a storage room, and loft space, offering versatile usage potential. The building, constructed in 1956, features two bathrooms and is zoned C01. An additional older, vacant home on the property (with a separate address) presents an opportunity for expansion or redevelopment. The property's strategic location near major franchises like Bojangles, Sheetz, and Food Lion, along with its proximity to the Moore County Agricultural Fairgrounds, ensures high visibility and traffic flow. This property, with its existing income stream and potential for future growth, is ideal for owner-occupants or investors seeking to maximize development options. The property includes two buildings and is listed under APN 8588-18-30-0298. The asking price is $589,000, and the lease type is NNN (Net, Net, Net). The property is for sale by owner. This is a single-tenancy property located at 3741 US-15, Carthage, NC 28327.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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