99999 Mill Rd Marion, NC 28752
- Commercial real estate
- 99,999 SF
- 2.68 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 99999 Mill Rd
- Year built
- 1993
- Lot size
- 2.68 lot acres
- Property size
- 99,999 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, situated on approximately 2.68 acres in the rapidly developing West Marion Business Park, presents a remarkable investment opportunity. The property boasts four main buildings and three additional sheds, offering a multitude of potential uses. Currently, four of the buildings are leased on a month-to-month basis at a combined rent of $3300 per month, generating a consistent income stream. The buildings, constructed between 1993 and 2001, offer varying sizes and heights. Building dimensions include one 50' x 100' structure, two 40' x 80' structures, and one 40' x 160' structure. Three buildings feature a 12-foot ceiling height, while one boasts an 18-foot ceiling. The property also includes approximately 2.3 acres of additional land, along with three sheds. Utilities are readily available, with city water and sewer located at the corner of Sugar Hill Road, and a well and septic system on-site. The property's convenient location, just 0.8 miles from I-40 Exit 81, provides excellent accessibility. The seller is open to subdividing the property into two sections, each containing two buildings, with one section also including the sheds. This versatile property is ideal for a variety of uses, including large-scale retail, a motel, multi-tenant storage, or a single-user facility. Its prime location and existing income stream make it an attractive investment opportunity with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- McDowell
- State
- North Carolina
- Longitude
- -82.0275
- Latitude
- 35.6493