1576 Us Hwy 158th E Macon, NC 27551
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.