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    FOR SALE
    Commercial real estate

    124 Brinson Rd, Magnolia, NC 28453

    2,400 SF 4.57 ac lot Built 1998
    Entity Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-2655166
    124 Brinson Rd, Magnolia, NC 28453 For Sale
    $579,000 2,400 SF
    124 Brinson Rd, Magnolia, NC 28453
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    Property summary
    AI-generated overview

    This exceptional 3.34-acre commercial land parcel presents a unique investment opportunity in the thriving town of Magnolia, North Carolina. Located at 124 Brinson Road, this property offers significant potential for a variety of commercial ventures. The expansive acreage provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Its strategic location within Magnolia ensures high visibility and convenient access to local amenities and transportation routes. The absence of existing structures on the land allows for complete customization, eliminating the need for costly renovations or demolition. This blank canvas presents an unparalleled chance to build a bespoke commercial property tailored to specific requirements. Investors and developers will appreciate the potential for significant return on investment, given the property's size, location, and the current market demand for commercial space in the area. The land is ready for immediate development, making it an attractive option for those seeking a quick and efficient path to establishing a commercial presence in Magnolia. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $579,000. Detailed site surveys and zoning information are readily available upon request.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1998
    Total area 2,400 SF
    Lot 4.57 ac (199,069 SF)
    APN 13- 790- - -
    UPID US53-2655166
    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
    • C-Check Grocery & Convenience Store
    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
    Atlantic Coast Properties LLC · 15 yrs held
    Atlantic Coast Properties LLC
    since 2011
    1 recorded transaction
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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