130 Turnberry WayPinehurst, NC 28374
- Office properties
- 1.27 AC
Property Details for 130 Turnberry Way
- Year built
- 2000
- Lot size
- 1.27 AC
- Zone code
- OS
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 39776
- APU
- 39776
Description
This exceptional two-story, 7,910 square foot office building in Pinehurst, NC's Turnberry Wood Office Park is available for sale. The property, built in 1985 and situated on 1.27 acres (APN 00039779), features a welcoming main floor with a reception area, nine private offices, two conference rooms, an open workspace with cubicles, three restrooms, and two kitchenettes. Upstairs, you'll find four additional private offices and another open workspace. A climate-controlled basement is ideal for IT infrastructure or record storage. Ample parking is provided. Recent updates include a roof replacement in 2015. The building is zoned OS - Office Services and is currently vacant. The asking price is $1,900,000, translating to $240.20 per square foot. Furniture is negotiable. The property's location offers proximity to various businesses, including medical practices, legal offices, and financial institutions. This owner-user opportunity presents a compelling investment in a thriving North Carolina community. The single-unit building offers a versatile layout suitable for a variety of professional uses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $14,317,381
- 6.5%
- $13,216,044
- 7%
- $12,272,041
-
Comparable approach
- Method
- Valuation
- Relative Method
- $12,641,420
- Geo Method
- $12,698,382
-
Alternative Use
- Use
- Valuation
- Residential
- $16,387,895
- Hospitality
- $15,011,224
- Educational
- $12,489,162
- Medical
- $12,918,683
- Retail
- $19,427,586
Location Insight
- City
- Pinehurst
- County
- Moore
- State
- North Carolina
- Latitude
- 35.1776
- Longitude
- -79.434
- CBSA code
- 38240
- CBSA name
- PINEHURST-SOUTHERN PINES, NC MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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