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    OFF-MARKET
    Office Spaces

    1190 Nc-16 Business, Stanley, NC 28164

    2,045 SF 1.32 ac lot Built 1950
    Property ID
    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
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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