201 Colony AveAhoskie, NC 27910

Property Details for 201 Colony Ave

Year built

1978

Lot size

0.59 AC

Property size (Sq ft)

4,628 SF

Zone code

O-I

Property type

Healthcare properties

Property subtype

Medical offices

APN

5992-19-5431

APU

5992195431

Description

This exceptional commercial property, located at 201 N Colony Avenue in Ahoskie, North Carolina, presents a unique investment opportunity. The building boasts a substantial 6,000 square feet of space, offering ample room for a variety of commercial uses. Its versatile layout allows for customization to suit diverse business needs. Situated on a conveniently sized 0.59-acre lot, the property provides ample parking and potential for expansion or outdoor operations. The asking price is $625,000, representing a compelling value for a property of this size and location in Ahoskie. The property's "Other" classification suggests a broad range of potential applications, making it an attractive prospect for entrepreneurs and investors seeking a flexible and adaptable commercial space. Its location in Ahoskie offers access to a local market and potential for growth within the community. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy, allowing for a swift transition into operations. Further details regarding zoning and permitted uses are available upon request. This is an excellent chance to acquire a substantial commercial building in a desirable location at a competitive price.

• CAP approach

  CAP return

  Valuation

  6%

  $858,651

  6.5%

  $792,601

  7%

  $735,986

• Comparable approach

  Method

  Valuation

  Relative Method

  $519,405

  Geo Method

  $1,062,311

• Alternative Use

  Use

  Valuation

  Residential

  $982,825

  Hospitality

  $900,262

  Educational

  $749,008

  Medical

  $774,767

  Retail

  $1,165,123

Location Insight

City

Ahoskie

County

Hertford

State

North Carolina

Latitude

36.2872

Longitude

-76.993

Property Tax & Assessments

FAQs

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