Property profile

2294 Wilkesboro Hwy Statesville, NC 28625

OFF-MARKET
Office buildings
Property ID
US53-2171854
4,777 SF 5.07 ac lot Built 1992
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional custom-built brick office building presents a unique investment opportunity in Statesville, NC. Situated on a generous 5.07-acre lot just outside the city limits, this property enjoys convenient access to major interstates I-40 and I-77, offering unparalleled connectivity. The building's main level boasts two separate entrances, a welcoming reception and waiting area, and a substantial open space measuring 34 feet by 30 feet, providing ample room for various business needs. The layout is highly adaptable and suitable for a range of professional uses. While the second floor offers limited square footage, it's ideally suited for storage, mirroring the functionality of the sizable basement area, also perfect for storage solutions. The property is located in Iredell County and is zoned OI, providing flexibility for potential future development or expansion. Priced at $585,000, this property represents a compelling opportunity for businesses seeking a well-appointed, strategically located office space with significant storage capacity. The combination of prime location, custom construction, and versatile layout makes this an exceptional offering.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1992
Construction WOOD
Total area 4,777 SF
Lot 5.07 ac (220,849 SF)
Zoning code OI
APN 4736-03-8558.000
UPID US53-2171854

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
  • Hotel & Motel Resort

Location

2294 Wilkesboro Hwy Statesville, NC 28625-8738
Statesville metro Census 61003 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2025
Last sale
$395,000
4 recorded transactions
2025
Price N/A
2025
$490,000
2020
$395,000
1969
Price N/A

Zoning & alternative use

OI · Statesville, NC

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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