306 Blowing Rock BlvdLenoir, NC 28645

  • Drive through restaurants
  • 2,272 SF

Property Details for 306 Blowing Rock Blvd

Year built
2011
Construction
WOOD
Lot size
0.93 AC
Property size (Sq ft)
2,272 SF
Property type
Drive through restaurants
APN
09119 1 8
APU
911918

Description

This exceptional freestanding retail building, located at 306 Blowing Rock Boulevard in Lenoir, North Carolina, presents a unique investment opportunity. Boasting a total of 2,272 square feet of space, the entire building is currently vacant and ready for immediate occupancy. The property sits on a sizable 0.92-acre lot, providing ample space for customer parking and potential future expansion. Its strategic location in Caldwell County ensures high visibility and accessibility for businesses seeking a strong presence in the Lenoir market. The single-tenant configuration offers flexibility and control for the prospective lessee. This property is ideal for a variety of retail uses, benefiting from its prominent location and substantial square footage. The building's condition and specific features will be detailed upon request. Serious inquiries are encouraged to explore the possibilities of establishing a thriving business in this prime Lenoir location. The property's address is 306 Blowing Rock Blvd, Lenoir, NC 28645. Contact us today to schedule a viewing and discuss lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $780,375
    6.5%
    $720,346
    7%
    $668,893
  • Comparable approach

    Method
    Valuation
    Relative Method
    $969,546
    Geo Method
    $969,546
  • Alternative Use

    Use
    Valuation
    Residential
    $607,639
    Hospitality
    $556,594
    Educational
    $463,080
    Medical
    $479,006
    Retail
    $720,346

Location Insight

City
Lenoir
County
Caldwell
State
North Carolina
Latitude
35.9183
Longitude
-81.524
CBSA code
25860
CBSA name
HICKORY-LENOIR-MORGANTON, NC 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
0
-
$664,000
$453,800
$1,117,800
-
$664,000
$453,800
$1,117,800

FAQs

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