This exceptional retail property, situated at 15 N Carolina Avenue in Maiden, NC, presents a fantastic opportunity for entrepreneurs. Boasting a prominent location on Carolina Avenue, this building ensures high visibility and accessibility for potential customers. The 1600 square foot building offers a versatile layout, ideal for a variety of business concepts. The C-1 zoning allows for a wide range of uses, providing flexibility for your specific needs. The property includes a functional office space, enhancing operational efficiency. Two garage bays/storage areas, equipped with three roll-up garage doors, provide ample space for inventory, equipment, or vehicles. Two bathrooms add convenience for both employees and customers. Recent improvements significantly enhance the property's value and appeal. The lot received new pavement in 2023, ensuring a well-maintained and attractive exterior. Furthermore, the roof was replaced in 2022, providing peace of mind and long-term cost savings. The 0.44-acre lot offers sufficient space for operations and potential future expansion. This turnkey property is priced at $285,000 and is ready for immediate occupancy. Don't miss this chance to establish your business in a thriving Maiden location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$534,791
6.5%
$493,653
7%
$458,392
Comparable approach
Method
Valuation
Relative Method
$664,429
Geo Method
$664,429
Alternative Use
Use
Valuation
Residential
$416,415
Hospitality
$381,434
Educational
$317,348
Medical
$328,262
Retail
$493,653
Location Insight
City
Maiden
County
Catawba
State
North Carolina
Latitude
35.5775
Longitude
-81.2137
CBSA code
25860
CBSA name
HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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