See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4255 State Highway 24/27 Hwy E, Midland, NC, 28107

3beds
1baths
2,355sqft
$949,000
$403price/sqft
$5,958/moest. monthly cost
$238,320/yrincome needed

About This Home

This home hit the market today and could continue to be a special home for the right family! Such a great investment for the future! Discover a rare opportunity to own a truly distinctive commercial property where timeless charm, character, and exceptional visibility come together. Perfectly positioned near the busy intersection of U.S. Highway 24/27 and U.S. Highway 601 in the quaint and growing town of Midland, NC, this unique property offers outstanding exposure with approximately 25,000 vehicles passing by each day. Step inside and imagine the possibilities. Filled with warmth, charm, and architectural character, this property is ready to bring your business vision to life. Whether you’re dreaming of a boutique, specialty retail shop, coffee café, bakery, salon, spa, professional office, event venue, or another one-of-a-kind business, this versatile space provides the perfect setting to make it happen. The inviting exterior and character-filled interior create an atmosphere that customers will remember, while the prime location offers convenient access and excellent visibility along one of the area’s most traveled corridors. As Midland continues to experience steady growth, this is an incredible opportunity to establish your business in a thriving community while enjoying the charm of small-town living. If you’ve been searching for a property with personality, prime highway exposure, and endless potential, this is your chance. Bring your vision and let your business flourish in one of Midland’s most recognizable and charming locations. "Buyer to verify zoning and permitted uses with the town of Midland."

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

10/10
Bethel ElementaryGrades PK-51.9 mi
5/10
4/10
Central Cabarrus HighGrades 9-128.9 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Composition
  • Construction materials: Brick Full

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range
  • Laundry features: Common Area

Basement

  • Has basement: Yes
  • Basement: Exterior Entry

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 3

Bonus Room

  • Level: Upper

Dining Room

  • Level: Main

Features

  • Flooring: Carpet,Tile,Vinyl,Wood
  • Fireplace features: Living Room
  • Finished area below ground: 0
  • Finished area above ground: 2,355

Flex Space

  • Level: Main

Heating & Cooling

  • Heating features: Oil
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,355
  • Total interior livable area: 2,355 sqft

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Sunroom

  • Level: Main

Property

Details

  • Parcel number: 55551022930000
  • Zoning: C 24/27
  • Special condition: Estate

Features

  • Levels: 1 Story/F.R.O.G.
  • Patio & porch: Front Porch,Patio

Lot

  • Lot size: 2.38 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Cabarrus County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,798$57,576
Home Insurance *$356$4,272
Property Taxes $585$7,020
Electricity $219$2,632
Total$5,958$71,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$204,274/yr
40% on housing$178,740/yr
45% on housing$158,880/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$403This listing

vs Other Active Listings

Avg $/sqft

ZIP 28107$275
Cabarrus County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 28107$187
Cabarrus County$199

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-14Listed for sale$949,000

For Sale by Agent

AgentDebbie Clontz
BrokerageDebbie Clontz Real Estate LLC

Similar Homes