Property summary
This exceptional commercial property in Connelly Springs, North Carolina, presents a unique investment opportunity. Located at 8587 Sparrow Trail, this 0.48-acre lot features a substantial six-bay garage building, ideally suited for a variety of commercial uses. The building, constructed of block, boasts four 10x12 foot garage doors and two larger 12x13.6 foot garage door openings, providing ample space for vehicles and equipment. Previously utilized as a car repair and auto paint shop, the property retains valuable existing infrastructure. A larger bay includes a paint booth and mixing room, which are included in the sale. The main structure also incorporates a small office area with a bathroom. The property's strategic location offers unparalleled convenience, situated less than one mile from Interstate 40, ensuring excellent accessibility and high visibility. The asking price of $225,000 translates to an attractive price per square foot of $76, making this a compelling investment opportunity in a thriving North Carolina market. The property is zoned for commercial use in Burke County, NC, zip code 28612.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
NEIGHBORHOOD BUSINESS · Connelly Springs, NCZoning
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Zoning designation
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The district profile from the municipal source: what is on file for NEIGHBORHOOD BUSINESS in Connelly Springs, NC.
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Find the owner behind the property.
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