108 Us Hwy 15th N Stovall, NC 27582-9600
This unique 1,172 square foot mixed-use property, located at 108 US Highway 15 N in Stovall, NC, presents a remarkable investment opportunity. Built circa 1880, this former St. Peter's Episcopal Church boasts a rich history and captivating architectural details. The sanctuary features high ceilings, large double-hung windows, and a stunning stained-glass arched window in the Gothic Revival altar area. Two smaller rooms flank the altar. A two-story bell tower entrance with large paneled doors leads into the chapel, which retains its original decorative beadboard walls, ceilings, and pews. The property includes a sizable .84-acre lot offering 174 feet of road frontage on US Highway 15 and an additional 30 feet of frontage on Cedar Lane, providing excellent visibility and access. While the electrical system is present, it is currently disconnected. The property lacks plumbing, modern heating and cooling, and is not connected to Stovall's public water and sewer systems. A historical survey and additional documentation are available for review. Please note that the cross and statue of Jesus are not included in the sale. This property's prime location and historical significance make it ideal for a variety of adaptive reuse projects, offering significant potential for a discerning buyer. The on-site graveyard is a noteworthy feature of the property's history. The asking price is $98,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
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.