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5264 US Highway 74 W 15,959 SF 100% Leased Retail Building Whittier, NC 28789 $979,900 ($61.40/SF)
Investment Highlights
- Large 18+/- Acre Tract with Commercial and Residential Possibilities
- 2 Billboards
- 600 Feet of Prime US Highway 74 Frontage
Executive Summary
18 +/- acres with 600' road frontage along US Highway 74 W in Whittier. Historically used as a flea market with 32 storage units. The property has a well and septic system. Public utilities are not available in the immediate area. Continued use as a flea market will require building improvements to upgrade the spaces. Professional property management has just been brought in to oversee improvements and increase revenues. This can be terminated at closing if preferred. The 6,520 sq ft building has two heated and recently renovated restrooms. Dealer booths are not temperature controlled. There are 32 Self-Storage units. Upper acreage has flat areas for a build sites and big views. A subdivision is adjacent.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
15,959 SF
Building Class
B
Year Built
1991
Price
$979,900
Price Per SF
$61.40
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
18.04 AC
Zoning
None - Jackson County unrestricted. Development related ordinances will apply.
Frontage
600’ on US Hwy 74 W
Amenities
- Freeway Visibility
- Signage
- Storage Space
Property Taxes
| Parcel Numbers | Improvements Assessment | $427,814 | |
| Land Assessment | $471,530 | Total Assessment | $899,344 |
Property Taxes
Parcel Numbers
Land Assessment
$471,530
Improvements Assessment
$427,814
Total Assessment
$899,344
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5264 US Highway 74 W
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