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Wilson, NC Mixed-Use Opportunity
For Sale
$215,000
Pending

900 Douglas St S, Wilson, NC 27893

COMMERCIAL - Wilson, NC

Property Size3,000 SF
Lot Size0.27 Acres
Days on Market142

Property Features for 900 Douglas St S

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Rooms Basement
Fencing Fenced
Accessibility Accessible Approach with Ramp
Standard status Pending
APN 3721072429.000
Size 3,000 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 900 DOUGLAS ST S L7L8 GIBBONS LD 1.00LT
Tax Annual Amount 72426
Legal Description 900 DOUGLAS ST S L7L8 GIBBONS LD 1.00LT

Building Details

Year built 1964
Listing Agency: EXP Realty LLC
Listed By: Amaree Leak
Added: Mar 12 Changed: May 19 Last Checked: Jul 31 at 1:06AM
MLS# 10152428

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property is located within the city limits of Wilson, NC. It features an approximately 3,000 sq ft industrial warehouse situated on nearly half an acre. The property is located within walking distance of the new Wilson baseball stadium and has a direct view of the stadium from the warehouse. The location is poised for continued growth and activity. The property offers potential for commercial and residential use, including a creative workspace, small business, live/work concept, or entertainment venue. The property presents an opportunity to bring a fresh business concept or mixed-use development to the community due to its generous lot size and industrial structure.

Key Highlights

  • Prime mixed‑use property with commercial and residential potential.
  • Approximately 3,000 sq ft industrial warehouse on nearly half an acre.
  • Located within walking distance and with a direct view of the new Wilson baseball stadium.

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $24.1k $8.04
− Vacancy −$482 −$0.16
EGI $23.6k $7.88
− OpEx −$7.1k −$2.36
NOI $16.5k $5.52
3,000 SF · lease $8.04/SF/yr · vacancy 2.00% · expense 30.00%

Alternative Uses

Best Use
Office B
$540.0K
$472.5K – $630.0K (±1% cap)
NOI $37,800 @ 7.0% cap · market cap 17.58%
Second Best
Mixed Use
$424.3K
$371.3K – $495.0K (±1% cap)
NOI $29,700 @ 7.0% cap · market cap 13.81%
Theoretical Best
Office A
$720.0K
$630.0K – $840.1K (±1% cap)
NOI $50,403 @ 7.0% cap · market cap 23.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic HVAC Service Plumbing Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

Demographics for 27893, NC

37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property near Wilson stadium with commercial and residential potential.
Where is this mixed-use property located?
The property is located at 900 Douglas St S Wilson, NC.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Prime mixed‑use property with commercial and residential potential.; Approximately 3,000 sq ft industrial warehouse on nearly half an acre.; Located within walking distance and with a **direct view of the new Wilson baseball stadium.**
More about this property
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