Property summary
The property consists of a 4.65-acre rectangular parcel of gently sloping land located in the northern part of Iredell County. Access is provided through a locked gate via a strip of land connecting to Memorial Highway. The site was formerly the Union Grove Recreation Club and includes an in-ground swimming pool with pool equipment that is reported to be functional but has not been used recently; the pool surface requires resurfacing, and the surrounding concrete surfacing needs replacement. There is also a smaller children’s pool. The pool area is fenced and includes a second locked gate. A long, low concrete block building on site contains separate men’s and women’s bathrooms/changing rooms, a pool equipment room, and a general room that opens to a covered porch area with a service window; the building appears to be in generally good condition and is suited for renovation. Utilities include county water and on-site electricity (currently disconnected). A septic system is present, with a septic permit copy available.
Property profile
VerifiedCap rate & NOI
Current use
-
Family Recreation Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R20 · Union Grove, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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