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    OFF-MARKET
    Self storage facilities

    5505 Flinchum Ave, Julian, NC 27283

    1,664 SF 3.67 ac lot Built 1988
    Property ID
    US53-5677326
    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 Self storage facilities
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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