Vass, NC 28394,5011 Us-1 HWY
Vass, NC 28394,5011 Us-1 HWY
Vass, NC 28394,5011 Us-1 HWY
Vass, NC 28394,5011 Us-1 HWY
Vass, NC 28394,5011 Us-1 HWY
Vass, NC 28394,5011 Us-1 HWY
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$ 400,000
Est. payment | /mo

4,332 SqFt


$ 400,000
Est. payment | /mo

4,332 SqFt

Key Details

Property Type Commercial

Sub Type Improved

Listing Status Active

Purchase Type For Sale

Square Footage 4,332 sqft

Price per Sqft $92

Subdivision Not In Subdivision

MLS Listing ID 100526537

Style Wood Frame

HOA Y/N No

Year Built 1985

Annual Tax Amount $1,411

Lot Size 1.190 Acres

Acres 1.19

Lot Dimensions 1.19 acres

Property Sub-Type Improved

Source Hive MLS

Property Description

Tremendous traffic count (avg daily count up to 34+K), visibility, and easy access from the direct access crossover. 1.2 acres on US 1 Highway, County zoned B2, a 4,332 SF tenant occupied building and a billboard lease. Priced to sell with a 7% cap rate. A church occupies the left side (lease in place) and the right side is an upholstery business (month to month). Also located in a Highway COD. See MLS docs for details on lease. Note that the lessee of the billboard has a right of first refusal on the property. See MLS docs for this lease that ends in 2026. Well on site, public water available. Roof less than 1 year old.

Location

State NC

County Moore

Community Not In Subdivision

Zoning B-2

Direction From Southern Pines, North on US-1. Property will be about 5 miles up on the right.

Interior

Heating Heat Pump, Space Heater, Electric, Forced Air

Cooling Central Air, Wall/Window Unit(s)

Flooring Concrete, Vinyl

Exterior

Parking Features Parking Lot, Gravel, On Site, Unpaved

Utilities Available Water Available, See Remarks, Electricity Connected

Roof Type Shingle

Building

Lot Description See Remarks

Foundation Slab

Sewer Septic Tank

Water Well

New Construction No

Others

Tax ID 00034054

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Virtual Tour https://vimeo.com/1111778089?share=copy#t=0

Hive MLS / (NCRMLS) / Cape Fear Realtors
Listed by Keller Williams Pinehurst

GET MORE INFORMATION

agent
Jake & Lexi Wyer

Realtors | Lic# #289408 | 309950

+1(910) 216-4388

226 N Front St Suite 102, Wilmington, NC, 28401

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5011 Us-1 HWY