Property profile

5766 Casar Rd Casar, NC 28020

OFF-MARKET
Retail space
Property ID
US53-2718359
4,056 SF 0.61 ac lot Built 1952
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property in Casar, North Carolina, presents a unique investment opportunity. The 0.61-acre lot features two buildings, offering significant versatility and ample space. The main structure is a historic, spacious old store building, rich in character and brimming with potential for redevelopment or adaptive reuse. Its classic architecture and substantial square footage provide a blank canvas for creative entrepreneurs, investors, or developers seeking a prominent presence in the Casar business community. The building's size and layout are ideal for a variety of commercial uses, from retail spaces to offices or even a mixed-use development. Adjacent to the main building is a second structure, adding to the property's overall value and utility. This secondary building offers additional space that could be utilized for storage, workshops, offices, or potentially converted into residential units, contingent upon obtaining the necessary zoning approvals and permits. The property's location within Casar provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in this thriving community. The asking price is $249,000. This property is being sold as-is. Serious inquiries only.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1952
Total area 4,056 SF
Lot 0.61 ac (26,572 SF)
Zoning code AA3
APN 38138
UPID US53-2718359

Cap rate & NOI

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

Location

5766 Casar Rd Casar, NC 28020-9799
Casar metro Census 950101 SHELBY, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2025
5 recorded transactions
2025
$230,000
2018
$32,000
2017
$44,100
2006
$43,000
1969
Price N/A

Zoning & alternative use

AA3 · Casar, NC

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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