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    Enfield Commercial Property For Sale Title is generated by Realmo AI

    100 S Mcdaniel Street, Enfield, NC 27823

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    For Sale
    $270,000

    Prime commercial property in Enfield, NC, with high visibility.

    Type:Commercial/Industrial
    Property size:
    1,655 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $163/SF
    Added:
    Mar 11, 2026
    Days on Market:
    68
    Last Refresh:
    Apr 5 at 9:55 pm

    Property Features for 100 S Mcdaniel Street

    General Information

    Standard status
    Active
    Size
    1,655 SF
    Lot size
    0.29 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1935

    We can help!

    Listing Contact
    Jacqueline Newhouse

    Listing agent Jacqueline Newhouse License #316289

    Listing office 1st Class Real Estate Triangle East

    Listing date Mar 11, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of 1st Class Real Estate Triangle East

    HighLights

    • Prime commercial property in the heart of Enfield, NC.
    • Highly visible corner lot at the intersection of Whitaker St. and McDaniel St.
    • Fully equipped for automotive services with 3 service bays and ample parking.
    • Includes 1,655 sq. ft. of total space, with a 438 sq. ft. office.
    • Adaptable for a wide range of other commercial uses.
    • 0.29‑acre lot offers excellent opportunity for entrepreneurs and investors.

    Overview

    This commercial property is located in Enfield, NC, and offers an opportunity for entrepreneurs and investors. Situated on a 0.29-acre lot at the corner of Whitaker St. and McDaniel St., the property provides exposure for businesses. The building has a total of 1,655 sq. ft. and includes 3 service bays and a 438 sq. ft. office space. Ample parking is available. Originally constructed in 1935, the property has served as a service station. It is equipped for automotive services and repairs and can be adapted for other commercial uses.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Bigshot Towing — 210 s mcdaniel st, enfield, nc 27823
    • Frank's Body Shop & Used Cars — 410 E Franklin St, Enfield, NC 27823
    • J & J Towing Services LLC — 105 N McDaniel St, Enfield, NC 27823
    • Enfield Tire Services — 301 N McDaniel St, Enfield, NC 27823
    • All Pro Transmissions — 208 S McDaniel St, Enfield, NC 27823

    Location Insight

    • Map
    • Local Demand
    City
    Enfield
    County
    Halifax
    State
    North Carolina
    Longitude
    -77.6637
    Latitude
    36.1799

    Nearby Similar for Sale

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      826 SF

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      506 Mcgwigan Street, Enfield, NC 27823
      View Details
    • $1,285,200
      10,500 SF

      NNN Leased Investment Opportunity

      NNN leased property with approximately 7.5 years remaining.
      125 S McDaniel St, Enfield, NC 27823
      View Details
    • $95,500
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      Gas and Grocery Store

      Well-maintained gas and grocery store in Enfield, North Carolina.
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    FAQs

    What type of property is this?
    Auto shop - Prime commercial property in Enfield, NC, with high visibility.
    Where is this auto shop located?
    The property is located at 100 S Mcdaniel Street Enfield, NC.
    What is the asking price?
    The asking price for this property is $270,000.
    What are key features of this property?
    This property features: Prime commercial property in the heart of Enfield, NC.; Highly visible corner lot at the intersection of Whitaker St. and McDaniel St.; **Fully equipped for automotive services with 3 service bays and ample parking.**
    (919) 500-0819
    We can help!
    Listing Contact
    Jacqueline Newhouse
    Real Estate License ID: 316289
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    100 S Mcdaniel Street, Enfield, NC 27823
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