This well-maintained brick office building is situated in a convenient location near downtown Asheboro, North Carolina. Previously utilized as an accounting office, its adaptable floor plan offers significant versatility for a wide range of professional uses. The property is offered at $349,900 and presents a compelling opportunity for businesses seeking a well-established presence in a thriving community. While the exact square footage is not currently available, the building's size is suitable for a variety of professional needs. Its brick construction ensures durability and a classic aesthetic. The property sits on a lot of zero acres, making it ideal for businesses that don't require extensive outdoor space. The building's proximity to the downtown area provides easy access to local amenities, restaurants, and transportation options. This presents a rare chance to acquire a well-located, adaptable office space in a desirable North Carolina city. Serious inquiries are encouraged to explore the potential of this property and its suitability for your business needs. Further details regarding the interior layout and specifications are available upon request.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$335,060
6.5%
$309,286
7%
$287,194
Comparable approach
Method
Valuation
Relative Method
$387,653
Geo Method
$701,015
Alternative Use
Use
Valuation
Residential
$383,514
Hospitality
$351,297
Educational
$292,275
Medical
$302,327
Retail
$454,650
Location Insight
City
Asheboro
County
Randolph
State
North Carolina
Latitude
35.7017
Longitude
-79.8127
CBSA code
24660
CBSA name
GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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