707 Gaither Rd Statesville, NC 28625
- Warehouses
- 9,180 SF
- 0.53 lot acres
Current Use by Public Records
- Warehouses
Property Details for 707 Gaither Rd
- Year built
- 1975
- Construction
- STONE
- Lot size
- 0.53 lot acres
- Property size
- 9,180 SF
- Zone code
- B-4
- Property type
- Warehouses
- APN
- 4745-34-0374.000
- APU
- 4745340374000
Description
This exceptional 9,000-square-foot flex/warehouse property presents a compelling investment or owner-user opportunity in Statesville, North Carolina. Situated on a 0.53-acre lot, this highly visible property boasts prime location at Exit 151 of I-40, just half a mile from I-77. The B-4 zoning allows for a variety of uses. The building offers significant advantages due to its proximity to major transportation arteries, providing easy access to regional markets. Statesville's robust growth, fueled by ongoing road improvements along I-77 and I-40, makes this a particularly attractive investment. The property's strategic location and versatile zoning cater to both owner-occupiers seeking efficient space and investors looking for strong returns. Utilities are provided by the City of Statesville. The asking price is $1,150,000, translating to $127.78 per square foot. The property's Assessed Property Number (APN) is 4745340374.000. This is a rare opportunity to acquire a well-positioned industrial property in a thriving market. The address is 707 Gaither Rd, Statesville, NC 28625.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,665,000
- 6.5%
- $1,485,000
- 7%
- $1,670,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,560,000
- Geo Method
- $1,470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,815,000
- Retail
- $1,590,000
- Mixed-Use
- $1,565,000
- Hospitality
- $1,615,000
- Educational
- $1,640,000
- Residential Income
- $1,370,000
- Energy
- $1,570,000
- Income-Based Land
- $1,595,000
- Food Service
- $1,775,000
Location Insight
- Map
- Local Demand
- City
- Statesville
- County
- Iredell
- State
- North Carolina
- Longitude
- -80.8785
- Latitude
- 35.8082
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA