1260 Margaret NW St, Valdese, NC 28690-2148
- Manufacturing properties
- 11,708 SF
- 1.89 lot acres
Current Use by Public Records
- By-Design Black Oxide and Tool, LLC / Factory / Production Facility
- Charter Furniture Designs / Furniture & Home Goods / Home Decor Store
Property Details for 1260 Margaret NW St
- Year built
- 1948
- Construction
- WOOD FRAME
- Lot size
- 1.89 lot acres
- Zone code
- GENERAL MANUF DIST
- Property type
- Manufacturing properties
- APN
- 12150
- APU
- 12150
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 6, 2026 | $470,000 | Gen II Enterprises LLC | Truax Philip | Warranty Deed | $400k · First Citizens Bank And Trust Company |
| Jan 12, 2021 | — | Philip J Truax | — | Deed · related | $467k · Truist Bk |
| Nov 27, 2013 | — | Philip J Truax | Akara LLC | Warranty Deed · related | $115k · Akara LLC |
| Nov 25, 2013 | $130,000 | Philip J Truax | Akara LLC | Grant Deed | $115k · Akara |
| Jul 13, 2006 | $184,500 | Akara LLC | Owner Name Unavailable | Grant Deed | — |
| — | — | Philip J Truax | — | Deed Of Trust · related | $467k · Truist Bk |
Description
This exceptional 1.89-acre industrial property in Valdese, NC, presents a unique investment opportunity. Located at 1260 Margaret Street NW, the property houses an established and financially stable business specializing in black oxide coatings, including a rare stainless-steel black oxide process. The company boasts a proven track record of consistent year-over-year growth, attributed to its innovative processes, well-trained employees, and strong business principles. Current operations include passivation, gold and orange anodizing, supported by an on-site chemistry lab for quality control. Significant expansion potential exists through Nadcap certification and the addition of a third shift, projected to increase annual revenue by $250,000-$500,000. Further growth opportunities include patenting several unique design processes, such as the custom rack design and motorized rotary basket. The existing equipment includes a manual lathe, which could be removed to accommodate additional Type III systems to further enhance production capacity. This turnkey operation offers a compelling blend of established profitability and substantial future growth prospects. The asking price is $1,500,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Valdese
- County
- Burke
- State
- North Carolina
- Longitude
- -81.5695
- Latitude
- 35.7581
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
