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6573 Hwy 226 S 2 Properties Offered at $2,500,000 in Spruce Pine, NC
INVESTMENT HIGHLIGHTS
- 3 buildings totaling 25,000 square feet, all buildings are rented out.
EXECUTIVE SUMMARY
Fully rented to 3 different companies.the main building is 20,000 square feet rented to a customer using it as storage. the small office is 1250 square foot rental to a contractor who is using it as an office. The larger office is 3750 square feet rented to a large Commerical contractor. The property has access to high speed internet, city water and city sewer although currently the property is on a well and septic the local utilities are on the main highway adjacent to the property.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $2,500,000 | Number of Properties | 2 |
| Price / SF | $105.26 / SF | Individually For Sale | 0 |
| Cap Rate | 7.36% | Total Building Size | 23,750 SF |
| Sale Type | Investment | Total Land Area | 2.01 AC |
| Status | Active |
| Price | $2,500,000 |
| Price / SF | $105.26 / SF |
| Cap Rate | 7.36% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 23,750 SF |
| Total Land Area | 2.01 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
INDUSTRIAL Building
6573 NC-226, Spruce Pine, NC 28777 |
Industrial | 20,000 SF | 1978 | - |
|
OFFICE Building
6573 NC 226 Rd, Spruce Pine, NC 28777 |
Office | 3,750 SF | 2007 | - |
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6573 Hwy 226 S
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