Property profile

22 Park Terrace Dr Clyde, NC 28721

OFF-MARKET
Office Spaces
Property ID
US53-5793879
2,656 SF 0.42 ac lot Built 1995
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Property summary

AI-generated overview

This exceptional Clyde, NC commercial property, located at 22 Park Terrace Dr., offers a compelling investment opportunity. The 2,656 square foot property consists of two buildings situated on a 0.42-acre lot (APN 8637-00-1337). One building features a versatile layout combining office space with additional warehouse area, currently generating strong rental income. The second building, completely remodeled in 2022, provides a two-bedroom, two-bathroom rental unit with a full kitchen, also boasting a consistent rental history. Both units benefit from excellent tenant occupancy. The property is zoned Commercial (Comm) and was constructed in 1995. The asking price is $990,000, translating to $372.74 per square foot. This Class B office space enjoys a prime location near Haywood Regional Hospital and Haywood Community College, offering easy access to Asheville and Waynesville. The property includes a full parking lot, adding significant value and convenience. This is an ideal investment for those seeking a diversified income stream with strong potential for future appreciation. The property's versatile design and desirable location make it an attractive option for a variety of uses.

Property profile

Verified
Property type Office Spaces
Year built 1995
Total area 2,656 SF
Lot 0.42 ac (18,295 SF)
UPID US53-5793879

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
  • Grocery & Convenience Store
  • Distribution Center Logistics Company

Location

22 Park Terrace Dr Clyde, NC 28721
Clyde metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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