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    OFF-MARKET
    Specialty properties

    2741 Nc-704, Madison, NC 27025

    5,200 SF 26.04 ac lot Built 2011
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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