417 Church StRichfield, NC 28137

Property Details for 417 Church St

Year built

2011

Lot size

0.46 AC

Property size (Sq ft)

392 SF

Zone code

H-B

Property type

Office properties

APN

662201291115

APU

662201291115

Description

This exceptional retail property, located at 417 W Church Street in Richfield, NC, presents a fantastic opportunity for a variety of businesses. The nearly new metal building boasts approximately 3,000 square feet of space, featuring three convenient roll-up doors ideal for loading and unloading, plus a smaller office area perfect for sales or administrative functions. The property benefits from significant road frontage, ensuring high visibility and accessibility for customers. Its strategic location places it in close proximity to established businesses, including Taco Bell, Bojangles, and a recently opened Family Dollar store, creating a vibrant commercial environment and attracting substantial foot traffic. A gas station is conveniently located next door, further enhancing the property's appeal. The property also includes parcel number 662201199267. Previously utilized for modular home sales, this versatile space is adaptable to a wide range of retail or fast-food operations. The asking price is $395,000. This is a rare opportunity to acquire a well-situated, nearly new commercial building in a thriving area with excellent visibility and established neighboring businesses. The property's size and features make it an attractive option for businesses seeking a high-traffic location with ample space for operations and storage. The inclusion of the additional parcel adds to the overall value and potential of this exceptional offering.

• CAP approach

  CAP return

  Valuation

  6%

  $109,205

  6.5%

  $100,805

  7%

  $93,604

• Comparable approach

  Method

  Valuation

  Relative Method

  $66,381

  Geo Method

  $66,381

• Alternative Use

  Use

  Valuation

  Residential

  $124,998

  Hospitality

  $114,497

  Educational

  $95,261

  Medical

  $98,537

  Retail

  $148,183

Location Insight

City

Richfield

County

Stanly

State

North Carolina

Latitude

35.4721

Longitude

-80.2692

CBSA code

10620

CBSA name

ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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