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    FOR SALE
    Commercial real estate

    318 Laurel Ave, Grover, NC 28073

    3,065 SF 0.44 ac lot Built 1959
    Individually Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US53-2575463
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1959
    Total area 3,065 SF
    Lot 0.44 ac (19,250 SF)
    Zoning code GB
    APN 6585
    UPID US53-2575463
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Thomas Christopher Keeter · 3 yrs held
    Thomas Christopher Keeter
    since 2023
    Last sale
    $70,000
    7 recorded transactions
    2023
    $70,000
    2017
    2014
    2013
    2013
    $90,000
    2013
    $10,000
    2013
    $10,000
    Zoning & alternative use
    GB · Grover, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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