Property profile

214 Rdg NW St Lenoir, NC 28645

OFF-MARKET
Office buildings
Property ID
US53-1267884
6,535 SF 1.25 ac lot Built 1939
Trust Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,037 square foot office building, situated on a 1.2-acre lot at 214 Ridge Street NW in Lenoir, NC, presents a rare opportunity. The property boasts a blend of historical character and modern functionality, making it ideal for a variety of uses. Currently configured as a ten-office space, it also includes two conference rooms, a reception area, one full bathroom, three half bathrooms, and two file rooms. Adding to its versatility, the building features three fireplaces and custom built-in cabinetry and shelving, enhancing both aesthetics and practicality. The attached carport provides covered parking for four vehicles, while the ample parking lot accommodates fifteen or more cars. Accessibility is ensured with handicapped access on the main level. The property benefits from a recently installed roof (2024), minimizing future maintenance concerns. Its prime downtown location offers convenient access to nearby towns including Hickory, Morganton, Blowing Rock, Wilkesboro, and Taylorsville. The building's unique character and flexible layout make it suitable for a variety of uses, from a traditional office space to a bed and breakfast or even a private residence. Priced at $450,000, this property represents a significant investment opportunity in a thriving community.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1939
Construction WOOD
Total area 6,535 SF
Lot 1.25 ac (54,450 SF)
APN 09 8 2 1
UPID US53-1267884

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

214 Rdg NW St Lenoir, NC 28645-5227
Lenoir metro Census 30100 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2025
6 recorded transactions
2025
$365,500
2023
Price N/A
2022
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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