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    516 West St Pittsboro, NC 27312

    Sponsored
    For Sale
    $49,000

    Profitable Convenience Store & Gas Station

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a thriving convenience store and gas station located at 516 West Street, Pittsboro, North Carolina. Currently operating as a successful business, this property offers a turnkey operation with significant income potential. The business includes a lottery license, ATM, well-stocked convenience store, and multiple gas pumps, ensuring a diverse revenue stream. The property sits on a 0.3-acre lot, providing ample space for customer parking and potential future expansion. The monthly rent is $3,500. This is a business-only lease

    Property Features for 516 West St

    General Information

    Property type
    Retail properties
    Lot Size
    13,068 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Top Notch Detailing ... Car Detailing Service RockItCoin Bitcoin ATM Atm Luke's CITGO Corner ... Gas Station Luke's Corner Convenience ... Convenience Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsboro
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.18657
    Latitude
    35.72097

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    FAQs

    What type of property is this?
    Retail property - Profitable Convenience Store & Gas Station
    Where is this retail property located?
    The property is located at 516 West St Pittsboro, NC.
    What is the asking price?
    The asking price for this property is $49,000.
    (919) 349-1660
    Request Owner's contact information
    516 West St Pittsboro, NC 27312
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    Pittsboro, NC 27312
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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
    516 West St Pittsboro, NC 27312
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