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Premier Real Estate Team is pleased to offer 1007 Howard St, a ±35,000 SF institutional facility on ±6 acres in Mocksville, NC. Originally constructed as a nursing home, the building has undergone significant improvements, including a newly constructed greenhouse, metal roof, electrical, HVAC, etc, and over $800,000 in capital upgrades, creating a turnkey opportunity with exceptional value-add potential. A 2023 appraisal valued the property at $8.1M vacant and $8.9M stabilized—prior to recent improvements—offering buyers immediate built-in equity. The property features 70 rooms, conference and office spaces, a large commercial kitchen, and flexible zoning, making it suitable for a range of institutional, residential, or redevelopment strategies. The site includes paved parking, an upgraded entry, and infrastructure to support additional expansion. Ideal for investors, developers, or 1031 buyers seeking scale, land, and repositioning potential in a supply-constrained submarket.
3 months ago | Price changed to $8,300,000 | |
3 months ago | Listing updated with changes from the MLS® | |
3 months ago | Listing first seen on site |
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