You are browsing as a guest. Register to access key data for free.
Property profile

515 Oakland Rd Spindale, NC 28160

OFF-MARKET
Office Spaces
Property ID
US53-2470585
View Sample
22,500 SF 4.34 ac lot
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This 0.69-acre commercial lot, located at 515 Oakland Road in Spindale, North Carolina (zip code 28160), presents a unique investment opportunity. Situated in Rutherford County, the property boasts a highly desirable location directly in front of established businesses such as Fusion and Dollar General, ensuring excellent visibility and accessibility. The lot is exceptionally level, already rough-graded and grassed, minimizing site preparation costs for future development. The permitted zoning is CC, offering flexibility for a variety of commercial uses. The property's APN is 1655149, and ownership is held by 515 Oakland NC LTD, LLC. This prime location, combined with the prepared land and convenient access, makes this an exceptional opportunity for businesses seeking high visibility and a strong presence in a thriving commercial area. The asking price for this exceptional property is $170,000.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Total area 22,500 SF
Lot 4.34 ac (189,050 SF)
Zoning code GC
APN 1655147
UPID US53-2470585

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bpo Company
  • Corporate Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.45M
Comparable Approach Comparable
$2.45M
Blend (final) Blend
$700k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

GC · Spindale, NC
Zoning description

e Districts 155.040 Generally 155.041 R-20 Residential District 155.042 R-10 Residential District 155.043 R-6 Residential District 155.044 NB Neighborhood Business District 155.045 CC Central Commercial District 155.046…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 515 Oakland Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message