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Property profile & analytics
OFF-MARKET
Auto shops

48 Aly St Murphy, NC 28906

1,980 SF 0.07 ac lot Built 1945
Individually Owned 5-yr Hold Free & Clear
Property ID
US53-4859846
Property summary
AI-generated overview

This exceptional commercial property, located at 48 Alley Street in the heart of Murphy, North Carolina, presents a unique investment opportunity. Priced at $250,000, this building offers significant potential for a variety of commercial uses. Situated just off the main thoroughfare, it benefits from convenient access and ample public parking directly across the street, ensuring easy customer access. The property's proximity to the vibrant downtown area of Murphy provides excellent visibility and foot traffic. The building itself is ready for a new owner to bring their vision to life, offering a blank canvas for customization and development. This is an ideal location for entrepreneurs and investors seeking a strong foothold in a thriving community. Note that an adjacent commercial property is also available for purchase, presenting a compelling opportunity to acquire two contiguous properties for expanded operations or a larger investment portfolio. The absence of a listed square footage allows for flexible planning and development based on the buyer's specific needs. This is a rare chance to secure a prime commercial space in a desirable downtown location. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,980 SF
Lot 0.07 ac (3,049 SF)
Zoning code GB
APN 459210459070000
UPID US53-4859846
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 · 5 yrs held
Benjamin N Pierce
since 2021
Last sale
$19,000
1 recorded transaction
2021
$19,000
Zoning & alternative use
GB · Murphy, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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