NOT LISTED FOR SALE

585 Oak Ave Spruce Pine, NC 28777

0.64 Acre
-- Price per Acre
27,748 Sq Ft Lot

Last Sold October 03, 2023

Last sale price $80,000

278 Days on Market

About This Lot

As of October 2023

Opportunity Zone! Iconic commercial lot on the fringe of downtown Spruce Pine and priced to sell. Formerly The Pizza Shop / Dry County Brewing Company, the building has been razed and this level, shovel-ready site boasts two curb cuts, abundant parking, existing signage, and all utilities.

This is a versatile property that could be reactivated for food / beverage, professional office, medical office, fitness, artisan retail / studio, live / work, or even zero lot line residential (subject to Special Permit by municipality). Nearby businesses include Fox & Fig Coffee Shop and Habitat for Humanity Re-Store. Traffic Count = 4,800 vehicles per day. Bring your creativity and be a part of Spruce Pine's renaissance!

*Certain photos and tax value are reflective of the property with the old structure included. Assessed value of the land only can be found on the attached Property Card.*

Last Agent to Sell the Property

Scott Mirkin

Keller Williams Professionals License #324454 Listed on: 10/03/2022

Keller Williams Professionals

Co-Listed By

Chris Gragtmans

Keller Williams Professionals License #293485

Last Buyer's Agent

Dylan Ledford

Mountain Adventure Realty License #333005

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $781

Lot Details

  • 0.64 Acre Lot
  • Possible uses of the property include Commercial, Multi-Family, Other - See Remarks
  • Property is zoned C-1A, OU

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0890-18-22-9148

Property Details

Property Type

Land

Est. Annual Taxes

$781

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Commercial
  • Habitable Residence Yn: No
  • Restrictions: Other - See Remarks
  • Restrictions Description: None
  • Road Frontage Type: City Street
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Commercial
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, Other - See Remarks

Exterior Features

  • Exclusions: None
  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 0890-18-22-9148
  • Zoning: OU
  • Lot Size Acres: 0.637
  • Lot Size Sq Ft: 27747
  • ResoLotSizeUnits: Acres
  • Zoning Specification: C-1A

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Oct 3, 2023
Sold by
Mohr Chad and Mohr Jennifer
Bought by
Fritz Llc
Seller's Agent
Scott Mirkin
Keller Williams Professionals
Buyer's Agent
Dylan Ledford
Mountain Adventure Realty
List Price
$99,999
Sold Price
$80,000
Premium/Discount to List
-$19,999
-20%
Views
86

Purchase Details

Closed on
Aug 1, 2023
Sold by
Pizzle View Projects Llc
Bought by
Mohr Chad and Rambo Jennifer

Purchase Details

Closed on
Jul 17, 2008
Sold by
Southern Convenience Stores Inc
Bought by
The Calafate Group Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fritz Llc $80,000 None Listed On Document
Mohr Chad -- None Listed On Document
The Calafate Group Llc $295,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $80,000 -20.0% --
04/01/2023 04/01/23 For Sale $99,999 +25.0% --
03/31/2023 03/31/23 Off Market $80,000 -- --
10/03/2022 10/03/22 For Sale $99,999 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $781 $139,400 $139,400 $0
2024 $781 $139,400 $139,400 $0
2023 $781 $139,400 $139,400 $0
2022 $781 $139,400 $139,400 $0
2021 $728 $125,500 $125,500 $0
2020 $781 $134,600 $125,500 $9,100
2019 $1,494 $257,500 $125,500 $132,000
2018 $1,494 $257,500 $125,500 $132,000
2017 $1,496 $258,000 $125,500 $132,500
2016 $1,367 $258,000 $125,500 $132,500
2015 $137 $258,000 $125,500 $132,500
2014 $1,367 $258,000 $125,500 $132,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3910249

Canopy MLS (Canopy Realtor® Association)

APN: 0890-18-22-9148