1244 Garner Bagnal Blvd, Statesville, NC 28677-6965
This exceptional investment opportunity presents a vacant, Class A storefront located at 1244 Garner Bagnal Blvd, Statesville, NC 28677. The property boasts a substantial 20,182 square feet of space, ideally suited for an owner-user or investor seeking a high-visibility location. The building, renovated in 2022, comprises two single-story structures situated on a six-acre lot. The expansive lot includes over four acres of paved and fenced outdoor storage, providing ample space for inventory, equipment, or additional operations. The interior features over 3,000 square feet of showroom space with glass sales offices, complemented by more than six roll-up doors for convenient loading and unloading. The property is zoned for highway business, offering significant flexibility for a variety of commercial uses. Currently vacant, the property is available for occupancy beginning February 1, 2024, presenting a unique chance to customize the space to meet specific business needs. The asking price for this prime Statesville retail space is $4,750,000. This is a rare opportunity to acquire a substantial, well-maintained property in a desirable location with significant potential for growth and return on investment.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-5 · Statesville, NCStatesville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.