211 Brown StChadbourn, NC 28431

Property Details for 211 Brown St

Year built

1930

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Property size (Sq ft)

6,837 SF

Property type

Retail space

APN

0250.01-28-3936.000

APU

25001283936000

Description

This exceptional commercial property, located at 211 N BROWN Street in Chadbourn, North Carolina, presents a unique investment opportunity. The building boasts a substantial 6,800 square feet of space, offering ample room for a variety of business ventures. Situated on a conveniently sized 0.25-acre lot, the property provides sufficient land for expansion or outdoor activities related to the business. The asking price is $75,000, representing a compelling value for a property of this size and location in Chadbourn. The property's "Other" classification suggests versatility in its potential uses, making it suitable for a broad range of commercial applications. Its location in Chadbourn, NC offers access to local amenities and a growing community. This property is ideal for entrepreneurs seeking a cost-effective space to establish or expand their business. The substantial square footage allows for multiple uses or the potential to subdivide the space for rental income. Given the size and price point, this property is likely to attract significant interest from investors and business owners alike. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy, allowing for a quick start to any business venture. Don't miss this chance to acquire a valuable commercial asset in a thriving North Carolina community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,011,310

  6.5%

  $1,856,590

  7%

  $1,723,980

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,882,300

  Geo Method

  $1,632,140

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,748,480

  Mixed-Use / Specialty

  $1,798,270

  Hospitality / Lodging

  $1,252,020

  Office

  $1,733,740

  Institutional / Educational

  $1,851,000

  Residential Income

  $2,165,670

  Multifamily

  $2,884,020

  Automotive / Energy

  $1,586,570

  Parking / Income-Based Land

  $598,588

  Restaurant / Food Service

  $824,951

  Healthcare / Senior Housing

  $1,897,110

Location Insight

City

Chadbourn

County

Columbus

State

North Carolina

Latitude

34.324

Longitude

-78.8267

Property Tax & Assessments

FAQs

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