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    101 Vance St Zebulon, NC 27597

    For Sale
    $5,299,000

    High-growth town, multiple buildings, 1.58 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 1.58-acre property located at 101 W Vance Street in Zebulon, North Carolina, presents a compelling redevelopment opportunity. Situated in one of North Carolina's fastest-growing towns, this site offers significant potential for investors and developers seeking a mixed-use project. The property comprises multiple existing buildings, providing a cost-effective foundation for adaptive reuse or redevelopment. This allows for a flexible approach to project planning, potentially minimizing demolition costs and expediting the development timeline. The substantial lot size offers ample space for expansion or the addition of new structures, catering to a variety of commercial uses. The strategic location within Zebulon ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a thriving market. The asking price for this prime redevelopment opportunity is $5,299,000. Detailed site plans and building specifications are available upon request. This is an exceptional chance to capitalize on the robust growth trajectory of Zebulon and create a significant commercial asset. Serious inquiries only.

    Property Features for 101 Vance St

    General Information

    Property type
    Retail properties
    Lot Size
    68,825 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Whitley Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.31278
    Latitude
    35.82088

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    FAQs

    What type of property is this?
    Retail property - High-growth town, multiple buildings, 1.58 acres.
    Where is this retail property located?
    The property is located at 101 Vance St Zebulon, NC.
    What is the asking price?
    The asking price for this property is $5,299,000.
    (919) 269-7439
    Request Owner's contact information
    101 Vance St Zebulon, NC 27597
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    Zebulon, NC 27597
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    Realmo Value Estimation

    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.

    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.

    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
    101 Vance St Zebulon, NC 27597
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