Property profile

53 2Nd Ave N Taylorsville, NC 28681

FOR SALE
Warehouses
Property ID
US53-5039635
3,363 SF 0.34 ac lot Built 1930
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2.39-acre commercial property in Taylorsville, NC, presents a rare opportunity to acquire a piece of history. The centerpiece is a stunning three-story building, originally constructed in 1905 as a roller mill. This architectural landmark is listed on the National Register of Historic Places, boasting unique character and charm. Its substantial size offers significant potential for a variety of commercial uses, from creative studios to boutique retail spaces. The property also includes a separate block building, providing ample additional space. This versatile structure could serve as storage, or be repurposed to suit a range of commercial needs, such as a brewery, workshop, or garage. The combination of the historic mill and the adaptable block building creates a unique and flexible space. The property's location in Taylorsville offers excellent accessibility and visibility, making it an attractive investment for entrepreneurs and businesses seeking a distinctive and memorable location. The asking price is $425,000. This is a truly exceptional opportunity to own a landmark property with significant potential for future development and growth. The property's historical significance and versatile space make it an ideal investment for those seeking a unique and profitable venture. Don't miss this chance to own a piece of Taylorsville's rich history.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1930
Total area 3,363 SF
Lot 0.34 ac (14,810 SF)
Zoning code B-1
APN 7833
UPID US53-5039635

Cap rate & NOI

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

Location

53 2Nd Ave N Taylorsville, NC 28681
Taylorsville metro Census 40400 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

Zoning & alternative use

B-1 · Taylorsville, NC

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?”
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