Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail space

    107 Murphy St, Madison, NC 27025-1919

    4,400 SF 0.05 ac lot Built 1922
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US53-2206414
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1922
    Total area 4,400 SF
    Lot 0.05 ac (2,129 SF)
    Zoning code TOWN CENTER DISTRICT MAD
    APN 7916-20-71-6402-00
    UPID US53-2206414
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Cutlass Holdings LLC · 3 yrs held
    Cutlass Holdings LLC
    since 2022
    Last sale
    $250,000
    4 recorded transactions
    2022
    $250,000
    2017
    $16,000
    2016
    $15,000
    2013
    $8,100
    Zoning & alternative use
    TOWN CENTER DISTRICT MAD · Madison, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 107 Murphy St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message