2294 Wilkesboro Hwy Statesville, NC 28625
- Office buildings
- 4,777 SF
- 5.07 lot acres
Current Use by Public Records
- The Walnut Branch Estate / Event Venue
Property Details for 2294 Wilkesboro Hwy
- Year built
- 1992
- Construction
- WOOD
- Lot size
- 5.07 lot acres
- Property size
- 4,777 SF
- Zone code
- OI
- Property type
- Office buildings
- APN
- 4736-03-8558.000
- APU
- 4736038558000
Description
This exceptional custom-built brick office building presents a unique investment opportunity in Statesville, NC. Situated on a generous 5.07-acre lot just outside the city limits, this property enjoys convenient access to major interstates I-40 and I-77, offering unparalleled connectivity. The building's main level boasts two separate entrances, a welcoming reception and waiting area, and a substantial open space measuring 34 feet by 30 feet, providing ample room for various business needs. The layout is highly adaptable and suitable for a range of professional uses. While the second floor offers limited square footage, it's ideally suited for storage, mirroring the functionality of the sizable basement area, also perfect for storage solutions. The property is located in Iredell County and is zoned OI, providing flexibility for potential future development or expansion. Priced at $585,000, this property represents a compelling opportunity for businesses seeking a well-appointed, strategically located office space with significant storage capacity. The combination of prime location, custom construction, and versatile layout makes this an exceptional offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $380,000
- 6.5%
- $345,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $360,000
- Retail
- $290,000
- Mixed-Use
- $330,000
- Hospitality
- $375,000
- Educational
- $380,000
- Residential Income
- $345,000
- Energy
- $350,000
- Income-Based Land
- $355,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Statesville
- County
- Iredell
- State
- North Carolina
- Longitude
- -80.9201
- Latitude
- 35.833
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
