1713 Fayetteville StAsheboro, NC 27203

Property Details for 1713 Fayetteville St

Year built

2017

Lot size

2.79 AC

Property size (Sq ft)

5,000 SF

Zone code

B2

Property type

Investment properties

Property subtype

Retail residential properties

APN

7762060802

APU

7762060802

Description

This exceptional 5,000 square foot commercial property in Asheboro, NC, presents a unique blend of retail and warehouse space, ideal for a variety of businesses. Built in 2017, the metal building features 3,000 square feet of prime retail space and a 2,000 square foot warehouse, seamlessly integrated for optimal functionality. A dedicated 10x12 private office provides a secure and confidential workspace, while a convenient breakroom equipped with a refrigerator and bathroom facilities caters to employee needs. Safety is paramount, with a firewall separating the warehouse and retail areas, and a Swann security system installed for added peace of mind. The warehouse boasts an electric garage door for efficient loading and unloading, simplifying logistics. Streamline transactions with the existing point-of-sale (POS) system, complete with two registers and two credit card systems. Plumbing is already in place for a customer restroom, enhancing convenience. Ample parking is available with 14 spaces, complemented by two large propane filling stations. High visibility is ensured by prominent road signage, maximizing exposure to potential customers. Situated on a generous 2.79-acre lot, this property offers significant expansion potential for future growth. This turnkey operation is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $680,213

  6.5%

  $627,889

  7%

  $583,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $983,730

  Geo Method

  $1,778,935

• Alternative Use

  Use

  Valuation

  Residential

  $627,889

  Hospitality

  $575,143

  Educational

  $478,512

  Medical

  $494,969

  Retail

  $744,352

Location Insight

City

Asheboro

County

Randolph

State

North Carolina

Latitude

35.7444

Longitude

-79.8088

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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