Property profile

5820 Davis Rd Walkertown, NC 27051

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This 1,118 square foot retail space, previously utilized as a blacksmith shop, is available for lease. Situated on a 25-acre parcel in Walkertown, North Carolina, this single-tenant structure offers a unique opportunity for a variety of businesses. The building itself is a barn-style workshop, providing ample space for creative endeavors or storage. The property's current zoning is residential; prospective tenants are responsible for verifying permitted uses with the relevant authorities. While the immediate property encompasses 25 acres, a separate 5-acre parcel is also available for lease, currently occupied by a committed tenant. The owner may be willing to negotiate a lease encompassing both the 5-acre parcel and the 1,118 square foot barn structure. This presents a compelling opportunity for a business seeking a unique space with potential for expansion. Interested parties should conduct their own due diligence regarding zoning and permitted uses. The property's history as a blacksmith shop suggests a strong structural foundation, suitable for a range of applications. The expansive acreage offers potential for outdoor activities or related business operations, subject to zoning regulations.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • General Contractor

Location

5820 Davis Rd Walkertown, NC 27051
Walkertown metro
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Value estimations

Realmo proprietary · 4 methods
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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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