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    OFF-MARKET
    Office Units

    22 Park Terrace Dr, Clyde, NC 28721

    2,656 SF 0.42 ac lot Built 1995
    Property ID
    US53-5793879
    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 Units
    Year built 1995
    Total area 2,656 SF
    Lot 0.42 ac (18,295 SF)
    APN 8637-00-1337
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • H2ocean Grocery & Convenience Store
    • KAI Distributors Distribution Center Logistics Company
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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