Property profile

1190 Nc-16 Business Stanley, NC 28164

OFF-MARKET
Office Spaces
2,045 SF 1.32 ac lot Built 1950
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Property summary

AI-generated overview

This vacant 2,045 square foot office building presents a compelling investment opportunity in Stanley, North Carolina. Situated on a 1.32-acre lot with over 150 feet of road frontage, the property boasts a convenient location near Highway 16, offering easy access to major interstates. Built in 1950, this 1.5-story traditional office building is classified as Class C and is currently vacant. The property features a very flat, partially cleared lot, currently used for car storage. Zoned ELDD BG (East Lincoln overlay, General Business), it benefits from a high traffic count, with an average daily traffic volume of 11,000 vehicles (2019 data). The surrounding area is a mix of heavy and light industrial, office, and residential properties. County water is available, and the property utilizes a septic system

Property profile

Verified
Property type Office Spaces
Year built 1950
Total area 2,045 SF
Lot 1.32 ac (57,499 SF)

Cap rate & NOI

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

Location

1190 Nc-16 Business Stanley, NC 28164
Stanley metro
Google Maps

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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