110 Rutherford StWadesboro, NC 28170

Property Details for 110 Rutherford St

Year built

1945

Property size (Sq ft)

1,364 SF

Property type

Retail properties

Property subtype

Retail space

APN

6474-15-74-1519

APU

647415741519

Description

This exceptional commercial property, located at 110 N Rutherford Street in Wadesboro, North Carolina, presents a unique investment opportunity. The building encompasses 1,364 square feet of versatile space, ideal for a variety of commercial uses. Situated on a lot with no acreage, the property benefits from its convenient location within the town of Wadesboro. The asking price is $125,000, representing a compelling value for a property of this size and potential. The property's classification is listed as "Other," suggesting flexibility in its potential applications. Given its size and location, this property is well-suited for entrepreneurs seeking a cost-effective space to establish their business or for investors looking for a solid return on investment. The absence of acreage simplifies maintenance and management, making it an attractive option for those seeking a low-maintenance commercial property. Further investigation into zoning regulations and permitted uses is recommended to fully explore the potential of this promising commercial space. The property's address, 110 N Rutherford Street, Wadesboro, NC, provides easy access to local amenities and transportation routes. This is a rare opportunity to acquire a well-priced commercial building in a desirable location. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $566,543

  6.5%

  $522,962

  7%

  $485,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $582,069

  Geo Method

  $582,069

• Alternative Use

  Use

  Valuation

  Residential

  $441,138

  Hospitality

  $404,080

  Educational

  $336,190

  Medical

  $347,752

  Retail

  $522,962

Location Insight

City

Wadesboro

County

Anson

State

North Carolina

Latitude

34.9668

Longitude

-80.0778

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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