702 Morgan RdEden, NC 27288
- Auto shops
- 4,930 SF
For Sale
$250,000
View listing
Property Details for 702 Morgan Rd
- Year built
- 1947
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.62 AC
- Property size (Sq ft)
- 4,930 SF
- Zone code
- GEN BUS EDEN
- Property type
- Auto shops
- APN
- 7070-07-68-0438-00
- APU
- 70700768043800
Description
This Eden, NC industrial property, located at 702 Morgan Road, is offered at $250,000. Currently configured as an automotive body repair shop, the building is immediately ready for occupancy. The approximately 200 square foot building features several offices, a paint booth, and two bathrooms. The zoning (D) allows for a variety of business uses, providing flexibility for potential buyers. The square footage is approximate, with county records indicating 7200 square feet
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $795,092
- 6.5%
- $733,931
- 7%
- $681,507
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,576,964
- Geo Method
- $2,851,713
-
Alternative Use
- Use
- Valuation
- Residential
- $619,098
- Hospitality
- $567,091
- Educational
- $471,813
- Medical
- $488,039
- Retail
- $733,931
Location Insight
- City
- Eden
- County
- Rockingham
- State
- North Carolina
- Latitude
- 36.5184
- Longitude
- -79.762
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,734
$40,576
$92,302
$132,878
-
$40,576
$92,302
$132,878
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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