11090 Old Highway 74Evergreen, NC 28438

  • Retail properties
  • 9,180 SF
For Lease
$8/SF/YR View listing

Property Details for 11090 Old Highway 74

Construction
STEEL FRAME
Property size (Sq ft)
9,180 SF
Property type
Retail properties
Property subtype
Outlet malls
APN
0215.00-50-1996.000
APU
21500501996000

Description

This exceptional 9,180-square-foot retail space presents a remarkable opportunity for businesses seeking high visibility and a prime location in Evergreen, North Carolina. Situated at 11090 Old Hwy 74, this newly constructed (2021) single-tenant building boasts an enviable position off US 74 and NC 130, benefiting from significant daily traffic of 15,000 vehicles. The entire space is currently vacant, offering a blank canvas for a discerning tenant to customize and establish their business. The property features ample parking, ensuring convenient access for customers and employees. Located in Columbus County, this property offers a strategic advantage for businesses aiming to reach a substantial customer base. Its modern design and prominent location combine to create an ideal environment for growth and success. The address is 11090 Old Hwy 74, Evergreen, NC 28438. This is a rare opportunity to secure a high-traffic, newly built retail space in a thriving area. Don't miss out on this chance to establish your business in a highly visible and accessible location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,331,995
    6.5%
    $3,075,688
    7%
    $2,855,996
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,957,210
    Geo Method
    $5,310,086
  • Alternative Use

    Use
    Valuation
    Residential
    $2,594,458
    Hospitality
    $2,376,510
    Educational
    $1,977,228
    Medical
    $2,045,228
    Retail
    $3,075,688
11090 Old Highway 74, Evergreen, North Carolina
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Location Insight

City
Evergreen
County
Columbus
State
North Carolina
Latitude
34.4395
Longitude
-78.9497

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,306
$6,800
$469,000
$475,800
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