Property profile

5505 Flinchum Ave Julian, NC 27283

FOR SALE
Office Spaces
Property ID
US53-5677326
1,664 SF 3.67 ac lot Built 1988
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1988
Total area 1,664 SF
Lot 3.67 ac (159,865 SF)
UPID US53-5677326

Cap rate & NOI

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

Location

5505 Flinchum Ave Julian, NC 27283
Julian metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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