Commercial Opportunity For Sale! BANK OWNED! 2,498 SQFT - MEDICAL OFFICE ±1.5 ACRES $159,000 SEE INSIDE FOR MORE INFORMATION!
Fallston Road HomeTrust Bank (the Seller ), through G/M Property Group, LLC as its exclusive agent, is soliciting offers for the purchase of 6033 Fallston Road, Lawndale, Cleveland County, North Carolina, 28090 (the Property ) EXECUTIVE SUMMARY OFFERING TERMS Seller seeks offers from qualified buyers to acquire the Property. The Property will be conveyed by special warranty deed and is available on an As-Is basis subject to a due diligence period. INVESTMENT HIGHLIGHTS $179,000 Former medical office. 100% vacant. Access off NC Hwy 18 (Lawndale Rd.). ±15 miles north of downtown Shelby, NC. 34 paved parking spaces. Superb access and visibiity. Conveniently located to serve the communities of Belwood, Lawndale and Shelby.
INVESTMENT SUMMARY GIS AERIAL PRICE $159,000 BUILDING AREA ±2,498 SQFT PRICE/SQFT $63.65 / SQFT LAND AREA ±1.5 Acres YEAR BUILT Estimated 1965 PARKING Paved for 34 vehicles ROAD FRONTAGE ±248 ft on Fallston Rd ±136 ft on Belwood-Lawndale Rd. 2014 TRAFFIC COUNTS ±2800 VPD Fallston Rd. ±590 VPD Belwood-Lawndale Rd UTILITIES Private well & septic Public water meter available, but not connected MARKET SUMMARY The Property is located in Lawndale, North Carolina within Cleveland County in the foothills of the Blue Ridge Mountains of North Carolina. Cleveland County is the gateway between Asheville and Charlotte. It is centered between two of the largest metropolitan areas of the Carolinas, Charlotte and Greenville/Spartanburg. Cleveland County is steeped with heritage, beautiful landscapes, comfortable climates, a stable economy, and friendly people. Whether you are interested in outdoor recreation, the arts, or dining and shopping, it is all there. Cleveland County is a relaxing, low-key community with exciting events and attractions to be enjoyed. Individuals of all ages can find something fun to do on any given day of the week. With over 100 festivals and events held annually, there are always places to meet the locals. Attractions include wineries, a restored 1919 cir. all-wood carrousel, historic downtowns and one-of-a-kind shopping boutiques. HEATING & COOLING Heat pump / central air PROPERTY ASSESSMENT/TAXES LEGAL Parcel ID: 37254 Deed BK/PG: 1707/0143 2016 PROPERTY TAXES $1,112.14 2016 JURISDICTION Cleveland County: School District: Fallston Fire: Cleveland Co Water: RATE/$100 $0.57 $0.15 $0.05 $0.02 Total: $0.79 2016 ASSESSMENT AMOUNT Land: $16,665 Building: $124,112 Total: $140,777 ZONING General Business - Cleveland County MUNICIPALITY Property is located in the Town of Belwood, NC, but is assigned a Lawndale address by the US Postal Service. DEMOGRAPHICS 2016 DEMOGRAPHICS 5 MILE RADIUS 10 MILE RADIUS 15 MILE RADIUS Population 7,701 29,754 99,993 Median Age 42.4 42.7 42.6 Average Household Income $46,948 $51,275 $52,621
MEDICAL OFFICE YEAR BUILT Est. 1965 BUILDING AREA ±2,498 SQFT LAND AREA ±1.5 Acres PARKING Paved for 34 vehicles FRONTAGE ±248 ft off Fallston Rd ±136 ft off Belwood Lawndale Rd NO. OF STORIES One EXTERIOR Masonry brick veneer ROOF COVER Shingle roof FLOOR COVER Carpet & Tile INTERIOR WALLS Drywall CEILING Drywall LIGHTING Fluorescent HEATING / AC Heat Pump
Boone Winston-Salem 1:25 1:30 Asheville 1:20 1:30 1:10 1:07 Charlotte Greenville Spatanburg 2:15 Columbia SITE DESCRIPTION DRIVING TIME TO LOCATION Winston-Salem: 1 hour : 30 min Charlotte: 1 hour : 07 min Columbia: 2 hour : 15 min Spartanburg: 1 hour : 10 min Greenville: 1 hour : 30 min Asheville: 1 hour : 20 min Boone: 1 hour : 25 min ACCESS Access points: Fallston Rd & Belwood-Lawndale Rd TRAFFIC COUNTS ±2800 VPD along NC 18 (Fallston Rd) ±590 VPD along Belwood-Lawndale Rd PARKING Paved for 34 vehicles ROAD FRONTAGE ±248 ft on NC 18 (Fallston Rd) ±136 ft on Belwood-Lawndale Rd. SITE AREA ±1.5 Acres TOPOGRAPHY Level FLOOD ZONE Site is not located in flood hazard area SITE WORK On-site asphalt-paved parking, concrete walkways, two curb-cut entrances and general landscaping. ZONING General Business - Cleveland County Accommodates a variety of retail, business, professional, and personal services, office, and limited wholesale and warehousing uses. Building setback requirements are 30 feet from the street right-of-way, 10 feet from the side property line and 30 feet from the rear property line. The minimum front lot setback is 40 feet for a parcel located on an arterial street.
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LOCATION ADDRESS 6031 Fallston Rd Lawndale, NC 28090 GPS COORDINATES 35.49346-81.521229 All information is from sources deemed reliable. No warranty nor representation is made as to the accuracy thereof and all information herein is subject to errors, omissions or change without notice. FOR MORE INFORMATION Please contact Jeremy Goldstein or John Menkes at G/M PROPERTY GROUP, LLC P.O. Box 18723 Asheville, NC 28814 (828) 281-4024 jgold@gmproperty.com jmenk@gmproperty.com www.gmproperty.com Jeremy Goldstein John Menkes YOUR COMMERCIAL REAL ESTATE EXPERTS SINCE 2001.