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12348 S Us 19e Hwy - 3,200 sqft Building | Spruce Pine, NC 3,280 SF Specialty Building Offered at $450,000 in Spruce Pine, NC 28777
INVESTMENT HIGHLIGHTS
- 3,200 SF Commercial Building: Single-building setup on a 2 spacious combined 1.85-acre parcel
- Flexible Use Potential: Suitable for office, general commercial, community center, or church uses
- Attractive Income Potential: Projected gross rent of $4,166 per month with a potential NOI of $49,993 annually.
- Prime Spruce Pine Location: Located on US-19E near the local airport and schools, offering excellent accessibility and visibility in Avery County.
- Owner Financing Available: Purchase with favorable seller financing terms, including low interest and flexible amortization.
- Utilities in Place: Well water, septic, and electric already connected, reducing upfront development costs.
EXECUTIVE SUMMARY
Address: 12348 US-19E, Spruce Pine NC 28777
County: Avery County
Zoning: N/A
Parcel ID: 18000078743200000 | 18000078623400000
Total Building size: 3,200 sqft
Land size (sqft): 80,586
Land size (acre): 1.85
Layout: 1 building
Septic: Connected
Water: Well. Connected
Electric: Connected
Road Access: Yes
Flood zone: No
Opportunity zone: False
Potential Development: Office Building, General Commercial Buildings, Community Center, Church
Investment Highlights
Potential Gross Rent: $4,166.07/month
Potential NOI: $49,992.79
Asking price: $450,000 with OWNER FINANCING option
Down Payment: $110,000 (due at closing)
Note: $340,000
Payments to Seller: $1,623.21 ($19,479.52)
Interest Rate: 4% with an 3-year balloon
Amortization period: 30 Years
No prepayment Penalty
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
County: Avery County
Zoning: N/A
Parcel ID: 18000078743200000 | 18000078623400000
Total Building size: 3,200 sqft
Land size (sqft): 80,586
Land size (acre): 1.85
Layout: 1 building
Septic: Connected
Water: Well. Connected
Electric: Connected
Road Access: Yes
Flood zone: No
Opportunity zone: False
Potential Development: Office Building, General Commercial Buildings, Community Center, Church
Investment Highlights
Potential Gross Rent: $4,166.07/month
Potential NOI: $49,992.79
Asking price: $450,000 with OWNER FINANCING option
Down Payment: $110,000 (due at closing)
Note: $340,000
Payments to Seller: $1,623.21 ($19,479.52)
Interest Rate: 4% with an 3-year balloon
Amortization period: 30 Years
No prepayment Penalty
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
PROPERTY FACTS
| Price | $450,000 | Building Class | C |
| Price Per SF | $140.63 | Lot Size | 1.85 AC |
| Sale Type | Investment | Building Size | 3,200 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Religious Facility | Year Built | 1975 |
| Zoning | NONE - NONE | ||
| Price | $450,000 |
| Price Per SF | $140.63 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 1.85 AC |
| Building Size | 3,200 SF |
| No. Stories | 2 |
| Year Built | 1975 |
| Zoning | NONE - NONE |
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PROPERTY TAXES
| Parcel Number | 1800-00-78-6234-00000 | Improvements Assessment | $148,800 |
| Land Assessment | $15,400 | Total Assessment | $164,200 |
PROPERTY TAXES
Parcel Number
1800-00-78-6234-00000
Land Assessment
$15,400
Improvements Assessment
$148,800
Total Assessment
$164,200
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12348 S Us 19e Hwy - 3,200 sqft Building | Spruce Pine, NC
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