318 Laurel Ave, Grover, NC 28073
For Sale
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This exceptional 18,730 square foot commercial lot, located at 318 Laurel Avenue in Grover, North Carolina, presents a unique investment opportunity. The property boasts a 2,931 square foot building, constructed in 1959, which previously served as a medical clinic. While the existing structure offers potential for renovation or repurposing, the significant lot size provides ample space for new construction, allowing for a wide range of commercial development possibilities. The property's address is 318 Laurel Avenue, Grover, NC 28073, situated in Cleveland County. Its convenient location offers excellent accessibility and visibility. The asking price for this versatile property is $149,900. This represents a compelling opportunity for investors seeking to capitalize on the potential of this prime commercial land in a growing area. The property is zoned for commercial use, offering flexibility for various business ventures. Serious inquiries are encouraged to explore the full potential of this exceptional offering. The property is sold as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
GB · Grover, NCGrover. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.