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9597 US Highway 29 Business 5,784 SF 100% Leased Retail Building Ruffin, NC 27326 $335,000 ($57.92/SF)
INVESTMENT HIGHLIGHTS
- 5,784+/- SF Mixed-Use Commercial Building (Residential & Retail)
- Located 30 minutes from Greensboro, NC
- Could Support Monthly Apartment Rents of $800+ Per Month
- Zoning Allows for Multi-Family Redevelopment Opportunity with Significant Potential Upside (Approx. 7 Units)
- Located 14 Minutes from Danville Caesars Casino
EXECUTIVE SUMMARY
- Great small residential multifamily project with lucrative upside
- Extra Lot would allow for additional residential units
- Tremendous demand due to the major employment uptick from the Danville Caesars Casino
- Extra Lot would allow for additional residential units
- Tremendous demand due to the major employment uptick from the Danville Caesars Casino
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,784 SF
Building Class
C
Year Built
1994
Price
$335,000
Price Per SF
$57.92
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.49 AC
PROPERTY TAXES
| Parcel Number | 162987 | Improvements Assessment | $116,409 |
| Land Assessment | $31,680 | Total Assessment | $148,089 |
PROPERTY TAXES
Parcel Number
162987
Land Assessment
$31,680
Improvements Assessment
$116,409
Total Assessment
$148,089
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9597 US Highway 29 Business
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