61 Peacock AveDenton, NC 27239

Property Details for 61 Peacock Ave

Year built

1998

Lot size

0.61 AC

Property size (Sq ft)

6,720 SF

Zone code

B3

Property type

Retail properties

Property subtype

Auto shops

APN

07-051-0-040-0024-A

APU

0705100400024A

Description

This exceptional turnkey auto repair facility, located at 61 Peacock Avenue in Denton, NC, presents a unique investment opportunity. The property is ideally situated just off Highway 109, benefiting from high visibility and convenient access within a bustling commercial area. The business has enjoyed a long and successful history at this location, with the current owner operating for nearly 25 years. This speaks volumes about the property's potential and the established customer base. The sale includes all existing furniture, fixtures, and equipment, making this a truly turnkey operation. Buyers can step in and immediately begin generating revenue, eliminating the need for extensive setup and investment in initial inventory. The property's size is not specified, but its established success and prime location make it an attractive proposition for an experienced automotive professional looking to acquire an existing, profitable business. The asking price is $975,000. This represents a significant opportunity to acquire a well-established business with a proven track record in a desirable location. Serious inquiries are encouraged. The property is offered as-is.

• CAP approach

  CAP return

  Valuation

  6%

  $1,083,776

  6.5%

  $1,000,409

  7%

  $928,951

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,149,534

  Geo Method

  $2,867,671

• Alternative Use

  Use

  Valuation

  Residential

  $843,882

  Hospitality

  $772,992

  Educational

  $643,120

  Medical

  $665,238

  Retail

  $1,000,409

Location Insight

City

Denton

County

Davidson

State

North Carolina

Latitude

35.6307

Longitude

-80.1118

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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