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    124 Arendell Ave Zebulon, NC 27597

    For Sale
    $650,000

    Renovated Brick Building, High Growth Area

    Property size:
    4,154 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 4,154 square foot retail property, located at 124 N Arendell Avenue in the heart of Downtown Zebulon, NC, presents a unique investment opportunity. The newly renovated brick building boasts a charming and versatile layout, ideal for a variety of commercial uses. A standout feature is the inclusion of a finished mezzanine level, offering additional space for offices, storage, or creative uses. Adding to its functionality is a finished rear garage complete with a convenient roll-up door, providing ample space for storage, deliveries, or even workshop space. Situated on a 0.07-acre lot, this property benefits from its prime location within a rapidly developing area of eastern Wake County. The surrounding downtown area is experiencing significant revitalization, attracting new businesses and contributing to a thriving commercial environment. The property's strategic placement is further enhanced by the construction of two new restaurants directly adjacent to the building, promising increased foot traffic and visibility. This is a rare chance to own a one-of-a-kind property in a burgeoning community, offering substantial potential for growth and return on investment. Priced at $650,000, this property is ready for immediate occupancy and presents a compelling opportunity for discerning investors and business owners alike. Don't miss this chance to be part of Zebulon's exciting future.

    Property Features for 124 Arendell Ave

    General Information

    Property type
    Retail properties
    Square Feet
    4,154 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1925
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    -78.31277
    Latitude
    35.82203

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    FAQs

    What type of property is this?
    Retail property - Renovated Brick Building, High Growth Area
    Where is this retail property located?
    The property is located at 124 Arendell Ave Zebulon, NC.
    What is the asking price?
    The asking price for this property is $650,000.
    (919) 404-1405
    Request Owner's contact information
    124 Arendell Ave 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
    124 Arendell Ave Zebulon, NC 27597
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