707 Pinehurst StAberdeen, NC 28315

Property Details for 707 Pinehurst St

Year built

1995

Lot size

4.85 AC

Zone code

C-I

Property type

Warehouses

APN

54883

APU

54883

Description

This exceptional flex office suite, located at 707 S Pinehurst Street in Aberdeen's Commercial Center, offers 1,500+ square feet of adaptable space. Situated just off US-1 and less than a mile from downtown Aberdeen, this convenient location provides easy access for employees and clients. The property is part of a larger complex featuring five single-story buildings on a 3.93-acre lot. Unit E is a versatile end unit, perfectly suited for a variety of businesses. The layout includes multiple private offices, a dedicated administrative area, a functional kitchen, and two restrooms, ensuring comfort and efficiency. Ample paved parking is available on-site, eliminating parking hassles. The building was constructed in 1986 and is zoned LI - Light Industrial, offering flexibility for various business types. The property's Moore County location within the Aberdeen submarket provides access to a thriving local economy. The property's APN is 20220700. This is a multi-tenant property offering a great opportunity for businesses seeking a well-equipped and conveniently located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $120,122,000

  6.5%

  $110,882,000

  7%

  $102,962,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $77,242,300

  Geo Method

  $77,590,400

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $57,198,900

  Mixed-Use / Specialty

  $57,262,200

  Hospitality / Lodging

  $42,359,400

  Office

  $57,200,400

  Institutional / Educational

  $59,625,100

  Residential Income

  $69,761,400

  Multifamily

  $82,186,700

  Automotive / Energy

  $51,107,300

  Parking / Income-Based Land

  $17,372,500

  Restaurant / Food Service

  $30,352,800

  Healthcare / Senior Housing

  $58,447,300

Location Insight

City

Aberdeen

County

Moore

State

North Carolina

Latitude

35.1258

Longitude

-79.4376

CBSA code

38240

CBSA name

PINEHURST-SOUTHERN PINES, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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