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11 Railroad St 5,796 SF Flex Building Murphy, NC 28906 $2,353,497 CAD ($406.06 CAD/SF)
EXECUTIVE SUMMARY
Attractive Price Per SF: $380 per square foot, this property is competitively priced, offering investors an attractive entry point for a property with diverse income-generating possibilities.
This investment opportunity combines strategic location, versatility, and growth potential, making it an attractive prospect for seasoned investors or owner-users seeking a valuable and adaptable space.
Key Features:
Strategic Location: Situated on a spacious lot, this property enjoys a prime location that offers both accessibility and visibility.
Versatile Flex Space: The property’s flexible design caters to various users, making it ideal for businesses seeking adaptable spaces for office, showroom, or light manufacturing purposes.
R&D Potential: With a designated R&D subtype, the property is well-suited for research and development activities, attracting tenants or businesses in the technology and innovation sectors.
Investment or Owner-User Opportunity: This property presents a dual opportunity for investors seeking a solid income-generating asset or an owner-user looking for a strategic location for their own business operations. A brewery would be perfect in this space.
Historic Charm: Built in 1940, the property exudes historic charm, offering a unique aesthetic appeal that can be leveraged for branding or marketing purposes.
Building Class B: Positioned in the B class category, the property reflects quality construction and design contributing to its long-term value and durability.
Potential for Value Appreciation: The property’s location, coupled with its versatile nature and R&D potential, positions it for potential future value appreciation as the surrounding area develops.
This investment opportunity combines strategic location, versatility, and growth potential, making it an attractive prospect for seasoned investors or owner-users seeking a valuable and adaptable space.
Key Features:
Strategic Location: Situated on a spacious lot, this property enjoys a prime location that offers both accessibility and visibility.
Versatile Flex Space: The property’s flexible design caters to various users, making it ideal for businesses seeking adaptable spaces for office, showroom, or light manufacturing purposes.
R&D Potential: With a designated R&D subtype, the property is well-suited for research and development activities, attracting tenants or businesses in the technology and innovation sectors.
Investment or Owner-User Opportunity: This property presents a dual opportunity for investors seeking a solid income-generating asset or an owner-user looking for a strategic location for their own business operations. A brewery would be perfect in this space.
Historic Charm: Built in 1940, the property exudes historic charm, offering a unique aesthetic appeal that can be leveraged for branding or marketing purposes.
Building Class B: Positioned in the B class category, the property reflects quality construction and design contributing to its long-term value and durability.
Potential for Value Appreciation: The property’s location, coupled with its versatile nature and R&D potential, positions it for potential future value appreciation as the surrounding area develops.
PROPERTY FACTS
| Price | $2,353,497 CAD | Lot Size | 0.44 AC |
| Price Per SF | $406.06 CAD | Rentable Building Area | 5,796 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1940 |
| Property Subtype | Flex Research & Development | Tenancy | Single |
| Building Class | B | ||
| Zoning | c-3 - Zoning is Industrial & Heavy Commercial. There are zoning restrictions, and right of way on deed. | ||
| Price | $2,353,497 CAD |
| Price Per SF | $406.06 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 0.44 AC |
| Rentable Building Area | 5,796 SF |
| No. Stories | 1 |
| Year Built | 1940 |
| Tenancy | Single |
| Zoning | c-3 - Zoning is Industrial & Heavy Commercial. There are zoning restrictions, and right of way on deed. |
AMENITIES
- Courtyard
- Storage Space
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 4592-14-34-8758-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $496,283 CAD |
PROPERTY TAXES
Parcel Number
4592-14-34-8758-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$496,283 CAD
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11 Railroad St
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