Commercial/Retail | Hwy 24-27 | 20,000+ VPD | 224 Highway 24 27 E
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Commercial/Retail | Hwy 24-27 | 20,000+ VPD 224 Highway 24 27 E
1,600 SF 100% Leased Retail Building Midland, NC 28107 $708,735 CAD ($443 CAD/SF)
Investment Highlights
- Commercial Zoning
- 21,000 VPD
- Corner Parcel on NC Higway 24/27 East
Executive Summary
Zoned commercial/retail (C 24/27) which allows for many retail and commercial uses.
Great visibility and road frontage off of busy highway 24-27 (21,000+ VPD) with quick
and easy access to I-485. Building was previously used as a hair salon and church.
Property enjoys a walk out basement with significant storage and/or expansion
opportunities and wrap around driveway. Many possibilities and uses are available! The
+/-1 acre parcel (12250 Hartwood Rd) located directly behind the property is also
available which would allow for more parking and other commercial possibilities
(currently zoned residential with a rezoning to commercial option).
Great visibility and road frontage off of busy highway 24-27 (21,000+ VPD) with quick
and easy access to I-485. Building was previously used as a hair salon and church.
Property enjoys a walk out basement with significant storage and/or expansion
opportunities and wrap around driveway. Many possibilities and uses are available! The
+/-1 acre parcel (12250 Hartwood Rd) located directly behind the property is also
available which would allow for more parking and other commercial possibilities
(currently zoned residential with a rezoning to commercial option).
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,600 SF
Year Built
1974
Price
$708,735 CAD
Price Per SF
$443 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
0.58 AC
Zoning
C 24/27 - Commercial/Retail
Frontage
125 ft on NC Highway 24/27
PROPERTY TAXES
| Parcel Number | 5534-19-5049-0000 | Improvements Assessment | $266,978 CAD |
| Land Assessment | $205,976 CAD | Total Assessment | $472,954 CAD |
PROPERTY TAXES
Parcel Number
5534-19-5049-0000
Land Assessment
$205,976 CAD
Improvements Assessment
$266,978 CAD
Total Assessment
$472,954 CAD
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Commercial/Retail | Hwy 24-27 | 20,000+ VPD | 224 Highway 24 27 E
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