Property summary
This exceptional special-purpose property, known as Evergreen Estates, presents a unique investment opportunity. Located on 8.91 acres in Climax, North Carolina, just 3.1 miles from the Toyota battery factory, this property boasts two buildings, each two stories high, totaling 1,200 to 1,800 square feet. The property features a 20-foot ceiling height, creating a spacious and impressive atmosphere. Recently renovated in 2023, the buildings include two units, offering versatility for various uses. The property is zoned AG and includes one bedroom, one full bath, and two half baths. The current Net Operating Income (NOI) is $1,785. The lush landscaping and variety of trees provide a stunning backdrop for events. Ideal for weddings, corporate events, or other special occasions, this property offers a blend of residential comfort and commercial utility. The asking price is $630,000, with an occupancy date of October 1, 2024. This is a rare opportunity to acquire a well-maintained, versatile property in a prime location. Don't miss out on this chance to own a piece of North Carolina's thriving event venue market.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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