1318 Ostwalt Amity Rd
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1318 Ostwalt Amity Rd
22,609 SF Specialty Building Offered at $799,000 in Cleveland, NC 27013
Investment Highlights
- Masonry structure.
- Re-development opportunity.
- Fully fenced.
Executive Summary
What is known as the old Amity Hill School, this property has tons of character and potential for re-development. Located just 6 miles east of I-77 in Iredell Co. Current zoning is Residential Agricultural (RA), with many permitted uses. Existing structure has approx. 8,000 SF of conditioned space in the original main building with 12-ft ceilings and giant archways. Most of the flooring is original maple hardwoods, and the roof covering this building and gym/auditorium is only 7 years old. The remaining 14,000 SF is largely masonry and steel construction, which is extremely durable, although most of this space will need a new roof and build-out in order to make it usable. The owner has cleaned up some of the classrooms, hauling away the old roof and debris, but still more work is needed. Fully fenced in 5+ acres with 2 large gates. Unbelievable opportunity for a new school or special purpose use! Inquire today!
Property Facts
| Price | $799,000 | Lot Size | 5.00 AC |
| Price Per SF | $35 | Building Size | 22,609 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1920 |
| Property Subtype | Schools |
| Price | $799,000 |
| Price Per SF | $35 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Schools |
| Lot Size | 5.00 AC |
| Building Size | 22,609 SF |
| No. Stories | 1 |
| Year Built | 1920 |
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PROPERTY TAXES
| Parcel Number | 4761-93-1928.000 | Improvements Assessment | $221,320 |
| Land Assessment | $80,630 | Total Assessment | $301,950 |
PROPERTY TAXES
Parcel Number
4761-93-1928.000
Land Assessment
$80,630
Improvements Assessment
$221,320
Total Assessment
$301,950
zoning
| Zoning Code | RA (Permitted uses include school, daycare, recreational, B&B, mobile home park, animal boarding/clinic, public works facility) |
| RA (Permitted uses include school, daycare, recreational, B&B, mobile home park, animal boarding/clinic, public works facility) |
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1318 Ostwalt Amity Rd
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