604 Clark DrLincolnton, NC 28092
- Office properties
- 4,940 SF
Property Details for 604 Clark Dr
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.08 AC
- Property size (Sq ft)
- 4,940 SF
- Zone code
- P-B
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 447
- APU
- 447
Description
This 5,243 sq ft commercial property in Lincolnton, NC, boasts a prime location on Clark Drive, directly off N Generals Blvd, an area with high visibility and steady traffic (13,000 average daily vehicles). The 1.08-acre corner lot offers ample parking both in front and behind the building. Previously used as a car dealership and a restaurant, the property's versatile Planned Business District zoning allows for a wide range of commercial uses. Its strategic location offers easy access and benefits from proximity to a motel and a retail strip center, ensuring high foot and vehicle traffic. The seller is open to considering lease options in addition to a sale at $440,000. This presents a unique opportunity for entrepreneurs seeking a well-situated, high-traffic commercial space in a thriving area. The property's size and location make it an attractive investment for businesses seeking strong visibility and accessibility.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,154,263
- 6.5%
- $1,065,474
- 7%
- $989,368
-
Comparable approach
- Method
- Valuation
- Relative Method
- $836,540
- Geo Method
- $836,540
-
Alternative Use
- Use
- Valuation
- Residential
- $1,321,187
- Hospitality
- $1,210,200
- Educational
- $1,006,873
- Medical
- $1,041,500
- Retail
- $1,566,246








Location Insight
- City
- Lincolnton
- County
- Lincoln
- State
- North Carolina
- Latitude
- 35.4711
- Longitude
- -81.2402
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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