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140 Applecross Rd

7,012 SF Office Building Pinehurst, NC 28374 $1,875,000 ($267/SF)

Investment Highlights

  • Great Owner Occupied Buy
  • Lots of natural light
  • Exceptionally well maintained
  • Great access to Pinehurst area including Pinehurst Country Club and Country Club of North Carolina

Executive Summary

Situated on just under an acre of land in Turnberry Wood, Pinehurst’s long established Business Park, 140 Applecross provides investors and
businesses a strong presence in the market, convenient access, and an ideal office location. With 2,554 square feet currently available, 140
Applecross affords owner occupied businesses a great investment. Strategically located at the northwest corner of Highway 15-501 and
Morganton Road, two of the three main commercial corridors in the market. This strategic location provides quick access to the commercial
corridor, nearby schools, residential neighborhoods, and Pinehurst’s iconic golf amenities.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Sale Type
Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
7,012 SF
Building Class
B
Year Built
1992
Price
$1,875,000
Price Per SF
$267
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,458 SF
Building FAR
0.18
Lot Size
0.89 AC
Zoning
Office Services - OS - Office Services
Parking
41 Spaces (5.85 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Wheelchair Accessible
  • Kitchen
  • Accent Lighting
  • Storage Space
  • Central Heating
  • Natural Light
  • Partitioned Offices
  • Plug & Play
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8562-20-90-9161
Land Assessment
$391,380
Improvements Assessment
$1,018,500
Total Assessment
$1,409,880
  • Listing ID: 31780862

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 140 Applecross Rd, Pinehurst, NC 28374

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