25 Lazy Ln Engelhard, NC 27824
- Grocery and convenience stores
- 7,384 SF
- 1.00 lot acres
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
-
AI approach
- Method
- Estimation
- ML approach
- $225,000
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Location Insight
- Map
- Local Demand
- City
- Engelhard
- County
- Hyde
- State
- North Carolina
- Longitude
- -75.9987
- Latitude
- 35.5078