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    OFF-MARKET
    Office buildings

    124 Depot St, Mocksville, NC 27028-2328

    1,026 SF 0.08 ac lot Built 1923
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US53-1384004
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 124 W Depot Street in the heart of Historic Downtown Mocksville, North Carolina, presents a unique investment opportunity. Priced at $499,900, the property offers significant potential for a variety of uses, including office space, retail, or other compatible businesses. The building's convenient location provides easy access for clients and employees, with ample on-site parking available. Additional street parking is readily accessible, and a public parking lot is situated directly across the street, ensuring convenient parking for all visitors. The property's placement within the historic downtown district offers high visibility and exposure to a steady stream of foot traffic, making it an ideal location for businesses seeking a prominent presence in the community. The building's size and layout are adaptable to suit a range of business needs, offering a flexible space that can be customized to meet specific requirements. This is a rare opportunity to acquire a well-situated commercial property in a thriving downtown area. The combination of convenient parking, high visibility, and a desirable location makes this property a compelling investment prospect. Serious inquiries are encouraged to explore the potential of this exceptional offering. The property is offered as-is.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1923
    Construction WOOD
    Total area 1,026 SF
    Lot 0.08 ac (3,485 SF)
    Zoning code TC
    APN I4130F0008
    UPID US53-1384004
    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
    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
    Cove Holdings LLC
    Cove Holdings LLC
    since 2025
    3 recorded transactions
    2025
    $275,000
    2024
    1969
    Zoning & alternative use
    TC · Mocksville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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