Log In/Sign Up
Your email has been sent.
163 Absher Park Rd 163 Absher Park 2,480 SF Office Building Statesville, NC 28625 $1,723,662 CAD ($695.03 CAD/SF) 4.36% Cap Rate
INVESTMENT HIGHLIGHTS
- VPD 42,000 2023 per NCDOT I-40.
- Modern Construction.
- Easily Accesible.
- Large Monument Sign.
- High Visibility From I-40.
- Natural Light.
EXECUTIVE SUMMARY
163 Absher Park Road in Statesville, NC, is a versatile office building ideal for businesses looking for a functional workspace. This property features five private offices, complemented by open work areas that encourage collaboration. With two full baths and two half baths, convenience is prioritized for both staff and clients. The full kitchen and utility room enhance the building's practicality, making it easy to accommodate everyday needs. Set in a professional environment with ample parking and good accessibility, this office space is perfect for a growing business looking to establish itself in the community.
TICAM 2024 - $3.42 per square foot or $742.00 monthly.
Highly visible from I-40 and off exit 150, this property offers large monument signage visible from the highway.
TICAM 2024 - $3.42 per square foot or $742.00 monthly.
Highly visible from I-40 and off exit 150, this property offers large monument signage visible from the highway.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$75,152
|
$30.30
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $75,152 |
| Annual Per SF | $30.30 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Building Size
2,480 SF
Building Class
B
Year Built
2007
Price
$1,723,662 CAD
Price Per SF
$695.03 CAD
Cap Rate
4.36%
NOI
$75,152 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,240 SF
Building FAR
0.06
Lot Size
0.91 AC
Zoning
CU33-B4 - Conditional Use
Parking
7 Spaces (2.82 Spaces per 1,000 SF Leased)
AMENITIES
- High Ceilings
1 1
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
163 Absher Park Rd | 163 Absher Park
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.