551 Ct St Marion, NC 28752-3516
This exceptional 0.33-acre commercial lot, located at 551 E Court Street in the heart of Downtown Marion, North Carolina, presents a unique investment opportunity. Zoned C-2, this vacant land offers a multitude of development possibilities for discerning entrepreneurs. The property boasts convenient access to city water and sewer, eliminating significant infrastructure hurdles and streamlining the development process. Its central location within Marion's vibrant downtown area ensures high visibility and accessibility for any future business. Imagine a thriving restaurant, a stylish retail space, modern office suites, a medical facility, or even an automotive service center – the possibilities are truly limitless. This property is ideally positioned to capitalize on the ongoing growth and revitalization efforts currently underway in Marion. The strategic location and flexible zoning make this an exceptional opportunity for investors seeking a high-impact commercial venture. Don't miss this chance to secure a prime piece of Marion's burgeoning commercial landscape. The asking price is $249,000. Serious inquiries are encouraged. Contact us today to learn more about this exciting development opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.