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2757 Soco Rd 21,441 SF 100% Leased Retail Building Maggie Valley, NC 28751 $2,000,000 ($93.28/SF)
INVESTMENT HIGHLIGHTS
- Property located at the corner of Soco Road and Timberline Dr.
- Ample Parking.
EXECUTIVE SUMMARY
There's great income opportunity with this shopping center located in a heavily traveled area of Maggie Valley. Buildings currently offer up to 16 units for lease, with the majority already tenant occupied. Updates on building and property have been done over the last 5 years with only one unit still needing work completed. Sellers are selling to downsize their portfolio with this one being the furthest distance away.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
21,441 SF
Building Class
B
Year Built
1975
Price
$2,000,000
Price Per SF
$93.28
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.75 AC
Zoning
MC1
Parking
69 Spaces (3.22 Spaces per 1,000 SF Leased)
Frontage
646’ on Timberline Drive
PROPERTY TAXES
| Parcel Number | 7686-75-4942 | Improvements Assessment | $543,000 |
| Land Assessment | $400,600 | Total Assessment | $943,600 |
PROPERTY TAXES
Parcel Number
7686-75-4942
Land Assessment
$400,600
Improvements Assessment
$543,000
Total Assessment
$943,600
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2757 Soco Rd
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