Property profile

7219 Ledbetter Rd Climax, NC 27233

OFF-MARKET
Specialty properties
Property ID
US53-1659909
1,200 SF 8.91 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Specialty properties
Total area 1,200 SF
Lot 8.91 ac (388,120 SF)
UPID US53-1659909

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel Resort

Location

7219 Ledbetter Rd Climax, NC 27233
Climax metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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