600 Academy StAhoskie, NC 27910

Property Details for 600 Academy St

Lot size

0.76 AC

Zone code

B-2

Property type

Commercial real estate

APN

5993-31-2381

APU

5993312381

Description

This exceptional commercial property, located at 600 N Academy Street in Ahoskie, North Carolina, presents a fantastic opportunity for investors and entrepreneurs alike. Situated on a sizable 0.76-acre lot, this general commercial property offers significant potential for a variety of uses. The property's address places it in a strategic location within Ahoskie, providing excellent visibility and accessibility. The asking price of $95,000 makes this an attractive investment, considering the land size and its commercial zoning potential. While the square footage of the existing structure is not currently specified, the expansive lot allows for considerable development or redevelopment options. This could include the construction of a new building, expansion of an existing structure, or repurposing for a different commercial venture. The property's location within Ahoskie offers access to local amenities and a growing community. Serious inquiries are encouraged to explore the possibilities this property offers. Further due diligence is recommended to determine the suitability for specific commercial uses and to assess the potential for development. This property is being offered as-is.

• CAP approach

  CAP return

  Valuation

  6%

  $6,961,260

  6.5%

  $6,425,780

  7%

  $5,966,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,715,520

  Geo Method

  $7,599,150

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $12,732,900

  Retail / Commercial

  $6,513,300

  Mixed-Use / Specialty

  $6,477,430

  Hospitality / Lodging

  $4,735,820

  Office

  $6,425,780

  Institutional / Educational

  $6,729,400

  Residential Income

  $7,873,390

  Multifamily

  $9,513,030

  Automotive / Energy

  $5,768,050

  Parking / Income-Based Land

  $2,002,980

  Restaurant / Food Service

  $3,341,970

  Healthcare / Senior Housing

  $6,655,450

Location Insight

City

Ahoskie

County

Hertford

State

North Carolina

Latitude

36.2923

Longitude

-76.9869

Property Tax & Assessments

FAQs

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