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    Property profile & analytics
    OFF-MARKET
    Retail space

    5766 Casar Rd, Casar, NC 28020-9799

    4,056 SF 0.61 ac lot Built 1952
    Individually Owned ~ Est. High Equity
    Property ID
    US53-2718359
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mullinax Birk
    Mullinax Birk
    since 2025
    5 recorded transactions
    2025
    $230,000
    2018
    $32,000
    2017
    $44,100
    2006
    $43,000
    1969
    Zoning & alternative use
    AA3 · Casar, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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