Property profile

80 Main Ave Taylorsville, NC 28681

OFF-MARKET
Retail space
Property ID
US53-5020136
1,738 SF 0.04 ac lot Built 1960
Individually Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 80 W Main Avenue, Taylorsville, NC, presents a fantastic investment opportunity. Situated on a 0.07-acre lot, this retail building boasts a prime location, offering excellent visibility and accessibility. Its convenient proximity to Highway 16 ensures easy access for customers from Hickory and Wilkes County. The building's prominent position across from the Courthouse Park further enhances its appeal. The main floor encompasses over 2,000 square feet, featuring a welcoming storefront with convenient sidewalk entry. Ample parking is available both on the street and via a rear entry. The main floor also includes dedicated office space and two bathrooms, catering to diverse business needs. A substantial basement provides extensive storage space, potentially usable as additional showroom area. Adding to the property's versatility, the basement includes a garage door opening onto a back street with additional parking. The sale price of $299,900 is for the building only

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,738 SF
Lot 0.04 ac (1,746 SF)
Zoning code B-1
APN 7383
UPID US53-5020136

Cap rate & NOI

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

Location

80 Main Ave Taylorsville, NC 28681-2541
Taylorsville metro Census 40400 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

B-1 · Taylorsville, 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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