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    OFF-MARKET
    Warehouses

    39 Peachtree St, Murphy, NC 28906-2945

    5,408 SF 0.18 ac lot Built 1948
    Individually Owned 6-yr Hold Free & Clear
    Property ID
    US53-4865116
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 39 Peachtree Street in the heart of Murphy, North Carolina, presents a unique investment opportunity. Situated on a 0.18-acre lot, the building offers significant potential for redevelopment or repurposing. Currently partially gutted, this allows for a blank canvas to create a space tailored to your specific business needs. The substantial size of the building provides ample room for a variety of commercial ventures. Its central downtown location ensures high visibility and accessibility, placing it within easy reach of Murphy's bustling commercial district and its residents. The property's prime location offers excellent exposure to foot traffic and vehicular traffic, making it ideal for retail, office, or mixed-use development. The asking price of $525,000 represents a compelling investment opportunity in a thriving community. This is a chance to acquire a significant piece of Murphy's commercial landscape and shape its future. The building's existing structure provides a solid foundation for a creative and ambitious renovation project. Don't miss this chance to own a piece of Murphy's vibrant downtown. The possibilities are truly endless for this remarkable property. Contact us today to schedule a viewing and explore the potential of this exciting investment.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1948
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,408 SF
    Lot 0.18 ac (7,841 SF)
    Zoning code GB
    APN 459214449964000
    UPID US53-4865116
    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
    Benjamin N Pierce · 6 yrs held
    Benjamin N Pierce
    since 2020
    Last sale
    $80,000
    2 recorded transactions
    2020
    $80,000
    2018
    Zoning & alternative use
    GB · Murphy, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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