This vacant, 3,442-square-foot mixed-use building in Eden, North Carolina, presents a compelling investment opportunity. Located at 300 Hamilton St, this Class C property boasts a prominent corner location at the intersection of Hamilton and Henry Streets, offering excellent street visibility and accessibility from both roads. Originally designed as a restaurant, its versatile zoning (BG/ED) allows for a wide range of commercial uses. The property includes ample parking for customer and employee convenience. Recent improvements include a front and middle roof replacement this year, while the rear roof is approximately 10 years old. The 0.62-acre lot provides significant space. The asking price is $185,000, translating to $53.75 per square foot. The property's tax value is $165,654. This is a rare chance to acquire a well-situated commercial property in a growing area, ready for immediate occupancy and customization to suit your business needs. Serious inquiries are encouraged.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$467,712
6.5%
$431,735
7%
$400,896
Comparable approach
Method
Valuation
Relative Method
$454,379
Geo Method
$821,680
Alternative Use
Use
Valuation
Industrial / Distribution
$881,535
Mixed-Use / Specialty
$414,189
Hospitality / Lodging
$283,038
Office
$395,057
Institutional / Educational
$424,869
Residential Income
$497,097
Multifamily
$684,927
Automotive / Energy
$364,173
Parking / Income-Based Land
$141,486
Restaurant / Food Service
$181,262
Healthcare / Senior Housing
$441,157
Location Insight
City
Eden
County
Rockingham
State
North Carolina
Latitude
36.4976
Longitude
-79.7726
CBSA code
24660
CBSA name
GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Hamilton St Eden, NC 27288
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Hamilton St Eden, NC 27288
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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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