Property summary
This exceptional commercial property, located at 119 N Main Street in the vibrant town of Stanley, North Carolina, presents a unique investment opportunity. The 0.51-acre lot offers significant potential for a variety of commercial ventures. Its prime location on North Main Street ensures high visibility and accessibility, making it an ideal site for businesses seeking strong foot traffic and convenient access for customers. The property's size allows for ample space for development, accommodating a range of building plans and designs. The asking price is $1,200,000, reflecting the property's strategic location and development potential within the thriving Stanley community. This is a rare chance to acquire a substantial commercial lot in a desirable area, poised for growth and success. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The absence of existing structures provides a blank canvas for a custom-designed commercial building, tailored to meet specific business needs. This presents an opportunity to create a property that perfectly aligns with the vision of the future owner. The property's location within Stanley offers access to a strong local market and a supportive business environment. Further investigation into zoning regulations and development possibilities is recommended.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Stanley market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
REST2 · Stanley, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for REST2 in Stanley, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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