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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

163 Absher Park Rd Statesville, NC 28625

2,480 SF 0.91 ac lot Built 2007
Property ID
Property summary
AI-generated overview

This exceptional 2,480 square foot office building, constructed in 2007, is situated on a 0.912-acre lot in Statesville, North Carolina (APN: 4735-52-9723.000). The property, zoned CU33-B4, comprises two buildings and two stories, offering a functional and versatile workspace. The interior features five private offices, open work areas, two full bathrooms, and two half bathrooms. A full kitchen and utility room add to the building's practicality. Ample parking is available, ensuring convenience for staff and clients. This property boasts high visibility from Interstate 40, near exit 150, and includes a large monument sign for excellent brand exposure. The building's modern construction and abundant natural light create a welcoming and productive environment. This is an ideal location for businesses seeking a prominent presence in a thriving community. The asking price is $1,250,000. The property consists of one unit with a net rentable area of 2,480 square feet.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2007
Total area 2,480 SF
Lot 0.91 ac (39,727 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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