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Property profile & analytics

25 Lazy Ln Engelhard, NC 27824

  • Grocery and convenience stores
  • 7,384 SF
  • 1.00 lot acres
OFF-MARKET
Value Estimations
$225,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US53-4159459
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Farrow's / Food Products Supplier

Property Details for 25 Lazy Ln

Year built
1977
Lot size
1.00 lot acres
Property size
7,384 SF
Zone code
1
Property type
Grocery and convenience stores
APN
8695330208
APU
8695330208

Description

This exceptional mixed-use property, situated on nearly six acres in Engelhard, North Carolina, presents a remarkable investment opportunity. The 12,000-square-foot building, constructed in 1977 and extensively renovated in 2017 and 2018, boasts two structures totaling 11,000 square feet of net rentable space. Currently, a thriving 3,000-square-foot laundromat occupies a portion of the building, generating consistent income with its seven commercial washers and six dryers. The remaining space previously housed a 7,300-square-foot grocery store, complete with shelving, refrigeration units, walk-in coolers, freezers, and checkout counters—all included in the sale. An additional 1,000 square feet is currently used for office and storage. The property features 10- to 15-foot ceilings, zoned heating and cooling with five AC condensers and large fuel-fired furnaces, a substantial generator, and two diesel fuel tanks (plus one leased propane tank). Ample parking is provided with over 40 spaces. The property includes additional indoor and detached storage areas and terrazzo flooring throughout. Located conveniently near the harbor and an airport with a 5,000-foot runway, this property offers unparalleled access to transportation and logistics. Zoned for mixed use, this property is ideally suited for a variety of commercial ventures, including retail, warehousing, shipping and receiving, or storage. The expansive 5.94-acre lot presents potential for future development. This turnkey operation, with its prime location and substantial existing infrastructure, represents a rare opportunity for significant return on investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $225,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Engelhard
County
Hyde
State
North Carolina
Longitude
-75.9987
Latitude
35.5078

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,704
$40,000
$116,217
$156,217
-
$40,000
$116,217
$156,217
More about this property
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