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Property profile & analytics
OFF-MARKET
Office Spaces

1576 Us Hwy 158th E Macon, NC 27551

1,032 SF 0.15 ac lot Built 1946
Individually Owned Absentee Owner Free & Clear
Property ID
US53-4633968
Property summary
AI-generated overview

This 1,290 square foot mixed-use building, located at 1576 US Hwy 158 E in Macon, NC, presents a unique investment opportunity. Currently used for storage, its history includes a period as a service station in the mid-20th century. The property sits on a 0.15-acre lot and is zoned NB (Neighborhood Business), although the lot size is non-conforming under the current zoning ordinance. A Phase I environmental report is available, noting the presence of underground storage tanks (USTs). A survey is currently underway, with the plat expected to be available after the holiday season. The building's sturdy cinderblock construction offers adaptability for various uses, including a workshop, hobby space, or continued use as storage. This property is being offered for sale concurrently with an adjacent home (MLS 10068235), and potentially as part of a larger package including another property (MLS 10068243). Please note that this building cannot be sold independently until the sale of the adjacent home at 111 Elm Street is finalized. This presents a compelling opportunity for buyers interested in a combined property acquisition. The price for this mixed-use building is $85,000.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1946
Total area 1,032 SF
Lot 0.15 ac (6,534 SF)
APN G5D 84
UPID US53-4633968
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
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Owner & transaction history
WILTON LOYD KING
WILTON LOYD KING
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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