660 Pierce StEden, NC 27288

Property Details for 660 Pierce St

Year built

2005

Lot size

4.14 AC

Property size (Sq ft)

31,800 SF

Zone code

GEN BUS EDEN

Property type

Super regional malls

APN

7989-06-48-1295-00

APU

79890648129500

Description

This Eden Shopping Center offers a prime retail investment opportunity. The 31,320 square foot center boasts a desirable location, shadowed by major retailers Goodwill and Walmart, ensuring high visibility and consistent foot traffic. National anchor tenants Cato, Shoe Show, and Sally Beauty Supply provide a strong tenant mix and attract a substantial customer base. Currently, there are six suites available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 5,080 square feet, providing flexibility for various business needs. A total of 15,620 square feet is currently vacant. The property sits on 4.14 acres of land and includes 158 parking spaces, ensuring ample convenience for customers and employees. Built in 2005, the center benefits from a BG/ED zoning designation. The location enjoys exceptional visibility and signage opportunities, complemented by a daily traffic count of 11,350 vehicles. The surrounding area demonstrates strong demographics, with a population of 16,184 within a three-mile radius. This presents a unique chance to establish or expand a business in a thriving retail environment with strong existing tenants and high consumer traffic. The property is well-suited for a variety of retail or office users seeking a high-visibility location with excellent accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $5,128,585

  6.5%

  $4,734,078

  7%

  $4,395,930

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,171,899

  Geo Method

  $18,394,418

• Alternative Use

  Use

  Valuation

  Residential

  $3,993,372

  Hospitality

  $3,657,908

  Educational

  $3,043,336

  Medical

  $3,148,001

  Retail

  $4,734,078

Location Insight

City

Eden

County

Rockingham

State

North Carolina

Latitude

36.4904

Longitude

-79.7341

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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