27 Parker LnSparta, NC 28675

Property Details for 27 Parker Ln

Year built

2008

Lot size

0.39 AC

Property type

Investment properties

Property subtype

Live-work space

APN

3070680491

APU

3070680491

Description

This exceptional 2,563 square foot A-frame building in Sparta, NC, presents a rare blend of industrial functionality and comfortable living. Situated on a 0.46-acre lot, this light industrially zoned property boasts city water and sewer. The upper level offers a complete living space with wood flooring throughout, a large bedroom with ample closet storage, a full bathroom, and a new expansive deck. A fully equipped kitchen features stainless steel appliances and granite countertops, complemented by a newer washer and dryer. A wood-burning stove, nestled within a floor-to-ceiling stone chimney, adds a cozy touch to the spacious living area. Both floors benefit from central air conditioning. The lower level, accessible via a garage door or standard entrance, provides a vast, versatile open space ideal for a workshop, studio, or manufacturing. This area features cement flooring, ample lighting, high ceilings, and abundant natural light from surrounding windows. A half-bath adds convenience to the lower level. The property also includes a large, fenced, and manicured lawn. Priced at $325,000, this unique property offers an unparalleled opportunity to own a versatile and well-appointed space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,863,783

  6.5%

  $1,720,415

  7%

  $1,597,528

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,156,337

  Geo Method

  $2,876,748

• Alternative Use

  Use

  Valuation

  Residential

  $2,133,315

  Hospitality

  $1,954,105

  Educational

  $1,625,792

  Medical

  $1,681,706

  Retail

  $2,529,010

Location Insight

City

Sparta

County

Alleghany

State

North Carolina

Latitude

36.5022

Longitude

-81.1226

Property Tax & Assessments

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