178 Sunny Hill DrLincolnton, NC 28092

Property Details for 178 Sunny Hill Dr

Year built

1974

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.13 AC

Property size (Sq ft)

3,816 SF

Zone code

R-S

Property type

Day care centers & nurseries

APN

27323

APU

27323

Description

This exceptional 3800+ square foot office building in Lincolnton, NC, presents a unique investment opportunity. Currently operating as a thriving daycare center, the property boasts four classrooms, a fully equipped kitchen, and two full bathrooms conveniently located near the classrooms. A half-bath is also available near the front office. The building sits on a 1.69-acre lot, fully fenced for security and enhanced privacy. An adjacent open lot is included in the sale, offering potential for expansion or future development. Its strategic location provides easy access to major transportation arteries, including Hwy 321 and Hwy 27, placing it within a short commute of Atrium Health Lincoln and downtown Lincolnton (approximately 10 minutes). This turnkey operation offers immediate income potential for a daycare business or presents a solid foundation for a variety of other commercial ventures. The property's size, amenities, and prime location combine to create a compelling investment opportunity with significant upside potential. The asking price is $500,000. Don't miss this chance to acquire a well-established business and property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $871,571

  6.5%

  $804,528

  7%

  $747,061

• Comparable approach

  Method

  Valuation

  Relative Method

  $743,132

  Geo Method

  $743,132

• Alternative Use

  Use

  Valuation

  Residential

  $1,020,577

  Hospitality

  $934,843

  Educational

  $777,778

  Medical

  $804,528

  Retail

  $1,209,878

Location Insight

City

Lincolnton

County

Lincoln

State

North Carolina

Latitude

35.4832

Longitude

-81.1932

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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