Property profile

112 Virginia Ave Bessemer City, NC 28016

OFF-MARKET
Retail properties & Spaces
Property ID
US53-2021723
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Property summary

AI-generated overview

This exceptional retail property, located at 112 W Virginia Ave in Bessemer City, North Carolina, presents a unique investment opportunity. Priced at $300,000, this building, known as the Old Central Drug Store, boasts a prime location within Bessemer City's Central Business District. Its strategic placement offers significant advantages, situated directly adjacent to Centennial Park and across the street from the Osage Mill Project, ensuring high visibility and foot traffic. The property's APN is 120802 and its zip code is 28016. The building's ideal configuration makes it perfectly suited for a food or beverage establishment, capitalizing on the growing demand in this vibrant area. This presents a rare chance to acquire a well-positioned retail space in a rapidly developing community, offering substantial potential for return on investment. The property is classified as retail and is situated in Gaston County, North Carolina. Its geographical coordinates are latitude 35.2851544 and longitude -81.2844121. This is a turnkey opportunity for an astute investor seeking a strong foothold in a thriving market. Don't miss this chance to own a piece of Bessemer City's revitalization.

Property profile

Verified
Property type Retail properties & Spaces
UPID US53-2021723

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Pharmacy

Location

112 Virginia Ave Bessemer City, NC 28016
Bessemer City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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