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    Specialty properties

    2859 Nc Hwy 108 Hwy, Rutherfordton, NC 28139

    1,512 SF 1.92 ac lot Built 2003
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,512 square foot commercial property, built in 2003, is situated on a 1.92-acre lot at 2859 NC Hwy 108 in Rutherfordton, NC (zip code 28139). The property boasts over 200 feet of highway frontage, providing excellent visibility and accessibility. Currently zoned C-O, the property offers versatile usage potential, allowing for a mix of commercial and residential applications (verification with Rutherford County is recommended). The existing structure features log siding and a high-quality manufactured home with a double-car carport. Ample parking is available, and the property's layout allows for easy modification to enhance its commercial appeal. The location is particularly attractive, being near an equestrian center. The property's size and zoning present opportunities for expansion, either by adding onto the existing structure or constructing new buildings. This property is ideally suited for a variety of businesses, from retail shops and restaurants to professional offices. The asking price is $375,000. Additional land is available adjacent to the property. This presents a unique opportunity to acquire a versatile commercial property with significant growth potential in a desirable location.

    Property profile
    Verified
    Property type Specialty properties
    Year built 2003
    Total area 1,512 SF
    Lot 1.92 ac (83,635 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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