12348 S Us 19e Hwy - Churches FOR SALE


Spruce Pine, NC 28777
$450,000 USD
904-569-6738
12348 S Us 19e Hwy, Spruce Pine, NC for Sale
$450,000 USD
Churches - FOR SALE
1/7
null | Request Cap Rate

12348 S Us 19e Hwy
Spruce Pine, NC 28777


HIGHLIGHTS

  • 3,200 SF Commercial Building: Single-building setup on a 2 spacious combined 1.85-acre parcel
  • Prime Spruce Pine Location: Located on US-19E near the local airport and schools, offering excellent accessibility and visibility in Avery County.
  • Flexible Use Potential: Suitable for office, general commercial, community center, or church uses
  • Owner Financing Available: Purchase with favorable seller financing terms, including low interest and flexible amortization.
  • Attractive Income Potential: Projected gross rent of $4,166 per month with a potential NOI of $49,993 annually.
  • Utilities in Place: Well water, septic, and electric already connected, reducing upfront development costs.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3,200 sqft Building | Spruce Pine, NC

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

NONE

APN/PARCEL ID

1800-00-78-6234-00000

ASK ABOUT THIS PROPERTY

Dror AttiasAcre ExpertMore Info
904-569-6738

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Dror AttiasAcre ExpertMore Info
904-569-6738

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.