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3737 US Highway 1

23,000 SF Retail Building Vass, NC 28394 £1,017,185 (£44/SF)

Investment Highlights

  • Corner of US Hwy 1 BUS & James St in Vass
  • Located within 25 minutes of Ft Bragg
  • Located within 60 minutes of future site of Toyota
  • 23,000 +/- Total SF
  • Located within 35 minutes of future site of VinFast

Executive Summary

Commercial property for sale in Vass, NC, on the signaled corner of US Hwy 1 BUS and James Street, across the street from Vass-Lakeview Elementary School. Property consists of 2 parcels totaling 7.22 +/- deeded acres with multiple buildings of approximately 23,000 +/- total sq. ft. and a large pavilion. The primary building (15,000 +/- sq ft) was built in 1907 and was home to a textile mill until the 1960s. The CSX railroad runs through rear of property. Located within 15 minutes of the world class golfing communities of Southern Pines/Pinehurst, 25 minutes of Ft. Bragg, 35 minutes of future site of VinFast, and 60 minutes of future site of Toyota. Buyers to investigate any environmental concerns.
Parcel ID 00041122 | 2.39 +/- acres | Zoned: Mixed Use
Parcel ID 20060260 | 4.83 +/- acres | Zoned: Mixed Use & rear area near railroad is R-1 & R-2
Primary Building | 15,000 +/- SF
- Multi-cross ventilation fans
- One hanging propane heater
- Public water & sewer
- 3-phase power
- Two 200 amp services
- Sprinklers
- Loading dock
- Confined area behind the main warehouse was damaged in a 2021 fire.

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

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
23,000 SF
Building Class
C
Year Built
1980
Price
£1,017,185
Price Per SF
£44
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.22
Lot Size
2.39 AC
Zoning
MU, R-1 & R-2 - Parcel 00041122 is zoned Mixed Use, Parcel 20060260 front portion zoned Mixed Use, rear of parcel zoned R-1 & R-2
Frontage
424 ft on US 1 Hwy BUS

Amenities

  • Corner Lot

Nearby Major Retailers

First Bank
First Bank NC
Truist
Piggly Wiggly

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9514-00-36-9183
Land Assessment
£318,848
Improvements Assessment
£42,033
Total Assessment
£360,882
  • Listing ID: 28268736

  • Date on Market: 19/04/2023

  • Last Updated:

  • Address: 3737 US Highway 1, Vass, NC 28394

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