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Property profile & analytics
OFF-MARKET
Retail space

112 Rutherford St Wadesboro, NC 28170

1,364 SF Built 1945
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US53-1567699
Property summary
AI-generated overview

This exceptional commercial property, located at 112 N Rutherford Street in Wadesboro, North Carolina, presents a unique investment opportunity. The building encompasses 1,364 square feet of versatile space, offering significant potential for a variety of commercial ventures. Situated on a lot with no acreage, the property's prime location within Wadesboro provides excellent accessibility and visibility. The asking price is $125,000, making it an attractive proposition for both established businesses seeking expansion and entrepreneurs looking to establish a new presence in the community. The property's existing structure provides a solid foundation for immediate occupancy or renovation to suit specific business needs. Its adaptable layout allows for customization to accommodate a range of commercial uses, from retail and office spaces to light industrial operations. The absence of acreage simplifies maintenance and operational costs, making it an efficient and cost-effective investment. Given its strategic location and competitive price point, this property represents a compelling opportunity to acquire a valuable commercial asset in a thriving North Carolina town. Interested parties are encouraged to conduct their own due diligence and explore the possibilities this property offers. The property is classified as "Other" in terms of property type, suggesting flexibility in its potential uses. Further investigation into zoning regulations and permitted uses is recommended.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Total area 1,364 SF
APN 6474-15-74-1611
UPID US53-1567699
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
Current use
Occupant on record · Public records
  • Ansonia Theatre Theater & Performing Art Venue
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
Mims Rentals LLC · 3 yrs held
Mims Rentals LLC
since 2023
Last sale
$40,000
1 recorded transaction
2023
$40,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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