Property profile

8587 Sparrow Trl Connelly Springs, NC 28612

OFF-MARKET
Auto shops
Property ID
US53-2040994
2,952 SF 0.48 ac lot Built 1989
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1989
Construction WOOD FRAME
Total area 2,952 SF
Lot 0.48 ac (20,909 SF)
Zoning code NEIGHBORHOOD BUSINESS
APN 40112
UPID US53-2040994

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
  • Auto Repair Shop
  • Auto Repair Shop

Location

8587 Sparrow Trl Connelly Springs, NC 28612-7869
Connelly Springs metro Census 21100 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2024
Last sale
$195,000
3 recorded transactions
2026
Price N/A
2024
$195,000
2018
$40,000

Zoning & alternative use

NEIGHBORHOOD BUSINESS · Connelly Springs, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8587 Sparrow Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message