214 Main Avenue DrTownship of Taylorsville, NC 28681

Property Details for 214 Main Avenue Dr

Year built

1992

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.07 AC

Property size (Sq ft)

2,662 SF

Zone code

B-1

Property type

Office buildings

APN

8141

APU

8141

Description

This stunning, fully renovated 2,760 square foot office building is available for lease in the heart of Taylorsville. Located directly across from the Alexander County Courthouse and adjacent to the new Alexander County Courthouse Park, this property enjoys a highly visible and accessible location. The building, a Taylorsville landmark featuring a historical mural, offers a single-tenant occupancy opportunity. Completely renovated in 2018, the building boasts a new roof, two new HVAC units, updated wiring and plumbing, new bathrooms, fresh paint, and new flooring throughout. The space is divided into seven office units, three on the main level and four on the upper level. Each floor includes separate men's and women's restrooms and water fountains. The upper level also features a convenient storage area. The partly furnished space is ideal for a variety of professional uses, including but not limited to law firms, insurance agencies, mortgage companies, real estate firms, and accounting practices. This exceptional property offers a unique blend of historical charm and modern amenities in a prime downtown location. The total square footage available for lease is 2,760 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $621,994

  6.5%

  $574,148

  7%

  $533,137

• Comparable approach

  Method

  Valuation

  Relative Method

  $450,783

  Geo Method

  $450,783

• Alternative Use

  Use

  Valuation

  Residential

  $711,943

  Hospitality

  $652,136

  Educational

  $542,570

  Medical

  $561,230

  Retail

  $843,998

Location Insight

City

Taylorsville

County

Alexander

State

North Carolina

Latitude

35.9219

Longitude

-81.1764

CBSA code

25860

CBSA name

HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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