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    OFF-MARKET
    Commercial real estate

    932 Main St, Norwood, NC 28128-6538

    1,320 SF 0.92 ac lot Built 2001
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-1326764
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a vacant 1,324 square foot retail/auto shop building situated on a 0.84-acre lot in Norwood, North Carolina. Located at 932 N Main St, 28128, this property offers significant potential for a variety of businesses. Built in 2001, the single-story structure boasts ample space and is ready for immediate occupancy. The property's convenient location on N Main St provides excellent visibility and accessibility, making it an ideal spot for attracting customers. The expansive 0.84-acre lot includes 20 parking spaces, ensuring convenient parking for patrons. This owner-user opportunity is priced at $319,000 and presents a compelling chance to establish a thriving business in a growing area of Stanly County. The property's versatile nature makes it suitable for a range of uses, from retail to automotive services. Don't miss this chance to acquire a prime commercial property in a desirable location. The property is currently vacant, allowing for immediate customization to suit your specific business needs. This is a rare opportunity to own a well-located commercial property in Norwood, NC.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2001
    Total area 1,320 SF
    Lot 0.92 ac (40,075 SF)
    Zoning code G-B
    APN 656403112919
    UPID US53-1326764
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Regis Investment INC · 3 yrs held
    Regis Investment INC
    since 2023
    Last sale
    $260,000
    4 recorded transactions
    2023
    $260,000
    2018
    $80,100
    2016
    $108,000
    2014
    $108,000
    Zoning & alternative use
    G-B · Norwood, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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