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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    540 Main St W, Valdese, NC 28690

    0.97 ac lot
    Entity Owned 5-yr Hold
    Property ID
    US53-1065017
    Property summary
    AI-generated overview

    This exceptional .97-acre commercial land parcel is situated at 540 Main Street West in Valdese, North Carolina, a prime location directly on US-70/Main Street within the town's central retail area. The corner lot offers unparalleled visibility and accessibility, ensuring significant exposure to both pedestrian and vehicular traffic. Its versatility makes it suitable for a wide range of commercial ventures, including retail stores, office spaces, medical facilities, or restaurants. The property's zoning allows for both single-tenant and multi-tenant development, providing flexibility for businesses of various sizes and needs. This presents a unique opportunity to establish a thriving business in a high-traffic, easily accessible location within a well-established community. The property is located in Burke County, NC, zip code 28690, and boasts a strategic position within the town's main commercial corridor. This is an excellent investment opportunity for developers and businesses seeking a high-visibility location with significant growth potential. The asking price for this exceptional property is $450,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.97 ac (42,253 SF)
    UPID US53-1065017
    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
    Norvell Valdese LLC · 5 yrs held
    Norvell Valdese LLC
    since 2020
    1 recorded transaction
    2020
    $150,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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