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Property profile & analytics
OFF-MARKET
Retail space

537 Cooper St Asheboro, NC 27203

1,100 SF Built 1948
Property ID
US53-1212875
Property summary
AI-generated overview

This exceptional mixed-use property in Asheboro, NC, presents a unique investment opportunity. Located at 537 Cooper St, 27203, this 1,100-1,200 square foot building, constructed in 1948, is currently operating as a fully equipped hair salon. The salon boasts three shampoo stations, six styling stations with adjustable chairs, a manicure and pedicure station, a comfortable waiting area with seating, and added conveniences such as a coffee bar, drink machine, snack machine, and a stainless steel refrigerator. Exterior features include a covered front porch with a wheelchair ramp and paved parking. The property is zoned B2 and sits conveniently across from SECU. The single-story building offers significant potential for continued operation as a salon or conversion back to residential use, providing flexibility for a variety of entrepreneurial ventures. The asking price is $235,000. This well-maintained property presents a rare chance to acquire a versatile asset in a desirable location.

Property profile
Verified
Property type Retail space
Year built 1948
Total area 1,100 SF
UPID US53-1212875
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
Current use
Occupant on record · Public records
  • Shear Artistry Styling Salon Hair Salon Nail Salon
  • Shear Artistry Hair with Heather Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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