3832 Charles Raper Jonas HwyStanley, NC 28164

  • Industrial properties
  • 13,510 SF
For Sale
$875,000 View listing

Property Details for 3832 Charles Raper Jonas Hwy

Year built
1963
Lot size
2.07 AC
Property size (Sq ft)
13,510 SF
Zone code
INDS2
Property type
Industrial properties
APN
165321
APU
165321

Description

This exceptional 13,510-square-foot industrial flex/warehouse property in Stanley, North Carolina, presents a unique investment opportunity. Situated on a 2.16-acre lot with direct Highway 27 frontage, the single-story building offers multiple suite options ranging from 1,200 to 13,510 contiguous square feet, currently entirely vacant. The space features ceiling heights ranging from 12 to 16 feet, making it suitable for a variety of uses. Heavy power is available. The property is fully fenced, providing ample secure yard space for storage or parking expansion. The zoning is I-2 with a CH overlay. Individual suite pricing varies, with modified gross rent ranging from $4 to $9 per square foot annually. Unit A (5,080 SF) and Unit B (2,550 SF) are priced at $9/SF/year MG, while Units C (1,200 SF) and D (4,680 SF) are offered at $4/SF/year MG (storage only). The entire 13,510 square foot building is also available for sale

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,794,720
    6.5%
    $6,272,050
    7%
    $5,824,050
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,660,450
    Geo Method
    $3,660,450
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $3,261,220
    Mixed-Use / Specialty
    $3,285,020
    Hospitality / Lodging
    $2,456,230
    Office
    $3,302,390
    Institutional / Educational
    $3,427,750
    Residential Income
    $4,010,470
    Multifamily
    $4,613,580
    Automotive / Energy
    $2,938,070
    Parking / Income-Based Land
    $978,899
    Restaurant / Food Service
    $1,784,160
    Healthcare / Senior Housing
    $3,332,400

Location Insight

City
Stanley
County
Gaston
State
North Carolina
Latitude
35.3855
Longitude
-81.1002
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

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
2024
$1,438
$40,350
$161,020
$201,370
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-
-
-

FAQs

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