5505 Flinchum Ave Julian, NC 27283
- Residential income homes
- 1,664 SF
- 3.67 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 5505 Flinchum Ave
- Year built
- 1988
- Lot size
- 3.67 lot acres
- Property size
- 1,664 SF
- Property type
- Residential income homes
- Property subtype
- Self storage facilities
Description
This exceptional 3.67-acre property, located at 5505 Flinchum Ave in Julian, NC (zip code 27283), presents a unique investment opportunity. The existing structures, including a home and barns, contribute to a charming country setting. Built in 1988 and renovated in 1994, the main structure offers 1,664 square feet of net rentable space. The property is zoned RS-30, allowing for diverse development possibilities. Its proximity to the Toyota Mega Site (half a mile away) and its location on old Highway 421, with easy access to major highways (Hwy 85, 29, 73, 220, and 40 within fifteen minutes), significantly enhances its potential for various uses. Consider this property for residential, office, commercial, or even bed and breakfast development. The land itself offers significant potential, although the price per acre is listed as $0. The property is currently owned by Crotts and is being offered for sale by owner. This versatile property is ideal for investors seeking a prime location with substantial redevelopment potential. The existing structures could be maintained, or the property could be rezoned for commercial use, making it a highly attractive investment in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Julian
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.653945
- Latitude
- 35.9068623