Mill Spring Crossroads | Intersection of NC 9 & 108 hwy
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Mill Spring Crossroads Intersection of NC 9 & 108 hwy
7,520 SF 100% Leased Office Building Mill Spring, NC 28756 $2,800,000 ($372/SF)
Executive Summary
5.33 acres located on the corner of Highway 9 and Highway 108 in Mill Spring, NC. Unrestricted and unzoned. Approximately 655' frontage on SR 1368, 500' on Highway 9 and 860' on Highway 108. There is a commercial strip building with seven units, a free standing 1,800 square foot commercial building situated on the corner at the traffic signal, and two residential units. City water and six septic systems. Naturel gas available. This is the crossroads to Rutherfordton, Columbus, Lake Lure, Lake Adger and Spartanburg SC. A short distance to I-26. The potential is limitless—enhance and incorporate additional structures for even more income or start over by grading the tract down and build something new. Nowhere else in Polk County is a tract this size available at a signalized State Highway intersection.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,520 SF
Building Class
C
Year Built
1987
Price
$2,800,000
Price Per SF
$372
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
7,520 SF
Building FAR
0.03
Land Acres
5.33 AC
Opportunity Zone
Yes
Zoning
None - None
Parking
52 Spaces (6.91 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | MS-71A-E05 | Improvements Assessment | $222,907 |
Land Assessment | $136,500 | Total Assessment | $359,407 |
PROPERTY TAXES
Parcel Number
MS-71A-E05
Land Assessment
$136,500
Improvements Assessment
$222,907
Total Assessment
$359,407
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Mill Spring Crossroads | Intersection of NC 9 & 108 hwy
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