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    OFF-MARKET
    Retail properties & Spaces

    5820 Davis Rd, Walkertown, NC 27051

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dekoven Forge General Contractor
    Value estimations
    Realmo proprietary · 4 methods
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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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