Commercial Land with Public
100 W Strawberry Boulevard W, Chadbourn, NC 28431
For Sale
$450,000
CommercialSale, Chadbourn, NC
Property Size2,500 SF
Price / SF$180
Days on Market231
Property Features for 100 W Strawberry Boulevard W
General Information
Property type
Property subtype
Zoning description
Subdivision
Lot features
Standard status
APN
Size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Water source
Building Details
Building materials
Roof type
Listing Agency:
REALTY ONE GROUP HERITAGE
(910) 738-3731
Listed By:
BRION OXENDINE · License NC #246798
(910) 740-6690
Added: Mar 26
Changed: Oct 17
Last Checked: Nov 11 at 1:06PM
MLS# 759695
Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial land offering is located at 100 W Strawberry Boulevard W in Chadbourn, North Carolina. The property measures 2,500 square feet and is associated with a former convenience-store use. Existing physical details include block construction and an asphalt roof.
Public water and public sewer serve the property. Its Chadbourn location and documented former retail use provide clear context for evaluating the site and its existing improvements.
Public water and public sewer serve the property. Its Chadbourn location and documented former retail use provide clear context for evaluating the site and its existing improvements.
Key Highlights
- 2,500‑square‑foot commercial land property
- Former convenience‑store use
- Block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,853
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,060
$637.1K
Cap Rate 7%
$455,043
$455.0K
Cap Rate 9%
$353,922
$353.9K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$47.4K $18.96/SF
− Vacancy
−$4.9K −$1.97/SF
EGI
$42.5K $16.99/SF
− OpEx
−$10.6K −$4.25/SF
NOI
$31.9K $12.74/SF
Area
Columbus County, NC
Vacancy
10.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,060
Cap Rate 7%
$455,043
Cap Rate 9%
$353,922
Alternative Uses
Best Use
Specialty Retail
$455.0K
$398.2K – $530.9K
NOI $31,853 @ 7.0% cap · market cap 7.08%
Second Best
Retail
$431.1K
$377.2K – $503.0K
NOI $30,177 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$606.4K
$530.6K – $707.5K
NOI $42,451 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
Demographics for 28431, NC
6,255
Population
3,252
Households
1.9
Avg Household Size
42
Median Age
10%
College-Educated
83%
High-School Grad
78.5 sq mi
ZIP Area
80
Density / Sq Mi
$32,244
Median Household Income
$30,504
Median Earnings
$736
Median Rent
$89,700
Median Home Value
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Market
Properties on Market for Commercial land in Columbus County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Former convenience-store use and public water and sewer provide existing site context.
Where is this commercial land located?
The property is located at 100 W Strawberry Boulevard W Chadbourn, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,500‑square‑foot commercial land property; Former convenience‑store use; Block construction
