107 Murphy St, Madison, NC 27025-1919
This exceptional 1,350 square foot commercial property, located at 107 W Murphy St in Madison, North Carolina, presents a unique investment opportunity. Recently renovated, this versatile space boasts brand new flooring, wiring, a hot water heater, and HVAC system. Previously a flower shop, the property is fully equipped for event hosting, including tables, chairs, place settings, and decorations, making it ideal for various functions. Its adaptable layout also lends itself perfectly to retail or office use. Benefitting from high foot traffic and excellent signage visibility in Downtown Madison's thriving area, this property offers significant potential for growth. The 0.05-acre lot also includes a relaxing courtyard. Situated in a rapidly developing area of the Triad, this property represents a fantastic chance to capitalize on Madison's burgeoning commercial sector. The asking price is $225,000. Don't miss this chance to be part of Madison's exciting future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
TOWN CENTER DISTRICT MAD · Madison, NCMadison. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.