223 S MAIN ST

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223 S MAIN ST

BOILING SPRINGS, NC 28152
Asking Price
$250K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The site encompasses approximately 0.82 acres of available land.
  • Property is listed for sale at a price of 250000 dollars.
  • Located at 223 S Main St in Boiling Springs, North Carolina.
  • Strategically positioned near key local roadways and regional commercial nodes.
  • Suitable for diverse development including retail or professional office uses.

What's Special

Developers seeking a strategic infill project will find this 0.82-acre parcel well-suited for a variety of commercial or residential applications. Situated at 223 S Main St in Boiling Springs, North Carolina, the site provides direct access to the local thoroughfare system. Boiling Springs maintains a character typical of a growing suburban market within the greater Charlotte region, anchored by proximity to higher education institutions and regional commerce centers. The flat topography and central placement within the town make this an efficient candidate for professional offices, retail storefronts, or multi-family housing development depending on local municipality guidelines. Investors looking to establish a footprint in this corridor benefit from the visibility offered by a Main Street address. With its manageable size and accessibility, the land functions as a versatile holding for stakeholders aiming to capture demand in an expanding market. The surrounding infrastructure supports consistent access for commuters and customers throughout the workday.

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

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