352 Sunnyview DrRutherfordton, NC 28139

  • Auto shops
  • 7,500 SF
For Sale
$825,000 View listing

Property Details for 352 Sunnyview Dr

Year built
1998
Lot size
10.00 AC
Property size (Sq ft)
7,500 SF
Property type
Auto shops
APN
P115-95
APU
P11595

Description

This exceptional 10-acre commercial property in Rutherfordton, NC, presents a lucrative investment opportunity. Located at 352 Sunnyview Drive, this property boasts a prominent 600+ foot highway frontage, ensuring high visibility and accessibility. The existing 5,000 square foot building, constructed in 1998, is a sturdy red iron structure perfectly suited for an auto shop or similar business. The building features five garage bays, one previously configured as a paint booth, adding significant value and potential. Additional interior space includes a reception/shop area, two offices, a bathroom, and a storage closet, providing ample space for operations and administration. The property is zoned MU (Multiple Use), offering flexibility for a variety of commercial ventures. Its proximity to the Tryon International Equestrian Center further enhances its appeal and potential for growth. This prime location in a high-traffic area, combined with the substantial building and expansive lot size, makes this a truly remarkable investment opportunity. The property is situated in Polk County, NC, zip code 28139.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,129,272
    6.5%
    $1,965,482
    7%
    $1,825,090
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,556,037
    Geo Method
    $1,556,037
  • Alternative Use

    Use
    Valuation
    Residential
    $1,657,958
    Hospitality
    $1,518,680
    Educational
    $1,263,524
    Medical
    $1,306,979
    Retail
    $1,965,482

Location Insight

City
Rutherfordton
County
Polk
State
North Carolina
Latitude
35.2866
Longitude
-82.05

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
$2,301
$120,000
$240,600
$360,600
-
$120,000
$240,600
$360,600

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