114 Rutherford StWadesboro, NC 28170

Property Details for 114 Rutherford St

Year built

1945

Property size (Sq ft)

1,364 SF

Property type

Retail space

APN

6474-15-74-1624

APU

647415741624

Description

This commercial property located at 114 N Rutherford Street in Wadesboro, North Carolina, presents a unique investment opportunity. The building offers 1,364 square feet of space, providing ample room for a variety of commercial uses. The property sits on a lot with no acreage listed, making it ideal for businesses that don't require extensive outdoor space. Priced at $100,000, this property represents a significant value proposition for prospective buyers seeking a foothold in the Wadesboro market. The building's versatility allows for adaptation to suit a range of business needs, making it an attractive option for entrepreneurs and investors alike. Its location in Wadesboro offers access to local amenities and a growing community. The property is classified as "Other," suggesting a flexible zoning designation that could accommodate various commercial ventures. Further due diligence is recommended to confirm zoning and permitted uses. This is a chance to acquire a well-priced commercial property in a developing area, offering potential for strong returns on investment. Interested parties are encouraged to conduct thorough inspections and research to assess the property's suitability for their specific business plans. The absence of acreage information should be considered when evaluating the property's overall suitability. The listed price of $100,000 makes this an attractive entry point into the Wadesboro commercial real estate market.

• CAP approach

  CAP return

  Valuation

  6%

  $566,543

  6.5%

  $522,962

  7%

  $485,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $582,069

  Geo Method

  $582,069

• Alternative Use

  Use

  Valuation

  Residential

  $441,138

  Hospitality

  $404,080

  Educational

  $336,190

  Medical

  $347,752

  Retail

  $522,962

Location Insight

City

Wadesboro

County

Anson

State

North Carolina

Latitude

34.9669

Longitude

-80.0778

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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