Property profile

2741 Nc-704 Madison, NC 27025

OFF-MARKET
Specialty properties
5,200 SF 26.04 ac lot Built 2011
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Property summary

AI-generated overview

This exceptional 5,200 square foot event center, built in 2011, is situated on a picturesque 26.04-acre lot in Madison, North Carolina (APN: 124931). The property, zoned AG-R with a Special User Permit, includes two buildings: a main lodge and a detached three-car garage. The main lodge, a charming log structure, boasts two stories and features expansive covered patios on the ground level, perfect for various events. A large deck, capable of accommodating up to 200 guests, overlooks a serene pond, providing a stunning backdrop for ceremonies. The detached garage offers ample storage and includes two finished bedrooms with a full bath, adding versatility to the property. This unique offering presents a rare opportunity to acquire a well-established event venue with significant outdoor space, ideal for weddings and other celebrations. The property's rustic charm and custom amenities make it a highly desirable location for those seeking a picturesque setting for special occasions. The asking price is $1,400,000.

Property profile

Verified
Property type Specialty properties
Year built 2011
Total area 5,200 SF
Lot 26.04 ac (1,134,302 SF)

Cap rate & NOI

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

Location

2741 Nc-704 Madison, NC 27025
Madison metro
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Value estimations

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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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