3451 Graystone SE Pl Conover, NC 28613-8200
This exceptional 5,368 square foot commercial property, situated at 3451 Graystone Place SE in Conover, North Carolina, presents a unique investment opportunity. Located conveniently near Catawba Hospital, this property boasts a prime location ideal for a variety of commercial uses, particularly medical offices. The substantial square footage offers ample space for customization and development, allowing for the creation of a tailored commercial space to meet specific business needs. While the property requires significant renovations, this presents a chance for a buyer to add value and create a highly profitable venture. The 0.68-acre lot provides ample outdoor space, potentially for parking or future expansion. Currently priced significantly below tax value, this property represents a compelling investment opportunity for discerning buyers seeking a high-return project. The potential for substantial rental income, coupled with the flexibility for customization, makes this a truly unique offering in a desirable location. Don't miss the chance to transform this property into a thriving commercial enterprise. The property is located in Conover, NC.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
P-1 · Conover, NCConover. 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.