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    OFF-MARKET
    Office buildings

    214 Main Ave Dr, Taylorsville, NC 28681-4378

    2,662 SF 0.07 ac lot Built 1992
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US53-5020115
    Property summary
    AI-generated overview

    This stunning, fully renovated 2,760 square foot office building is available for lease in the heart of Taylorsville. Located directly across from the Alexander County Courthouse and adjacent to the new Alexander County Courthouse Park, this property enjoys a highly visible and accessible location. The building, a Taylorsville landmark featuring a historical mural, offers a single-tenant occupancy opportunity. Completely renovated in 2018, the building boasts a new roof, two new HVAC units, updated wiring and plumbing, new bathrooms, fresh paint, and new flooring throughout. The space is divided into seven office units, three on the main level and four on the upper level. Each floor includes separate men's and women's restrooms and water fountains. The upper level also features a convenient storage area. The partly furnished space is ideal for a variety of professional uses, including but not limited to law firms, insurance agencies, mortgage companies, real estate firms, and accounting practices. This exceptional property offers a unique blend of historical charm and modern amenities in a prime downtown location. The total square footage available for lease is 2,760 square feet.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1992
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,662 SF
    Lot 0.07 ac (3,049 SF)
    Zoning code B-1
    APN 8141
    UPID US53-5020115
    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
    Princeton Asset Management Lllp · 4 yrs held
    Princeton Asset Management Lllp
    since 2021
    Last sale
    $265,000
    1 recorded transaction
    2021
    $265,000
    Zoning & alternative use
    B-1 · Taylorsville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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