Property profile

540 Main St W Valdese, NC 28690

FOR LEASE
Land
Property ID
US53-1065017
0.97 ac lot
Entity Owned 6-yr Hold
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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 Land
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

Location

540 Main St W Valdese, NC 28690
Valdese metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2020
1 recorded transaction
2020
$150,000

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
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More about this property
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