Second-Floor Office
For Sale
Contact for pricing
105 Douglas St E, Wilson, NC 27893
Multi-office layout with a dedicated elevator and stair access from the ground floor.
Property Size3,000 SF
Price / SF$1.11
Days on Market54
Property Features for 105 Douglas St E
General Information
Standard status
Active
Size
3,000 SF
Elevators
Yes
Property subtype
Business Opportunity
Additional Details
Floor
2
Public Transit
Yes
Building Details
Year Built
2024
Listing Agency:
EXP Realty LLC - C
Listed By:
Scott Polner · License #352295
(770) 309-3767
Source:
Bradberrygarnerrealestate
Added: Sep 7
Changed: Oct 25
Last Checked: Oct 7 at 1:10PM
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 EXP Realty LLC - C
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Investment Insights
Based on property information with market context.
Located at 105 Douglas St E in downtown Wilson, this 3,000-square-foot office property occupies the second floor of a building constructed in 2024. The layout includes at least 8 small offices and was formerly configured as a medical clinic, offering an established office arrangement for professional users.
Access is provided by a dedicated elevator as well as a separate staircase from the ground floor. The property is within walking distance of the Amtrak station and Whirligig Park, placing transportation and a downtown public destination nearby.
Access is provided by a dedicated elevator as well as a separate staircase from the ground floor. The property is within walking distance of the Amtrak station and Whirligig Park, placing transportation and a downtown public destination nearby.
Key Highlights
- 3,000‑square‑foot second‑floor office property
- At least 8 small offices
- Dedicated elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,965
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,300
$699.3K
Cap Rate 7%
$499,500
$499.5K
Cap Rate 9%
$388,500
$388.5K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$66.6K $22.20/SF
− Vacancy
−$8.3K −$2.78/SF
EGI
$58.3K $19.43/SF
− OpEx
−$23.3K −$7.77/SF
NOI
$35.0K $11.66/SF
Area
Wilson County, NC
Vacancy
12.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,300
Cap Rate 7%
$499,500
Cap Rate 9%
$388,500
Alternative Uses
Best Use
Office B
$540.0K
$472.5K – $630.0K
NOI $37,800 @ 7.0% cap · market cap 1,133.77%
Second Best
Healthcare Medical
$499.5K
$437.1K – $582.8K
NOI $34,965 @ 7.0% cap · market cap 1,048.74%
Theoretical Best
Office A
$720.0K
$630.0K – $840.1K
NOI $50,403 @ 7.0% cap · market cap 1,511.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
916
Businesses Nearby
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Business Placement
Demographics for 27893, NC
37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Multi-office layout with a dedicated elevator and stair access from the ground floor.
Where is this office unit located?
The property is located at 105 Douglas St E Wilson, NC.
What are key features of this property?
This property features: 3,000‑square‑foot second‑floor office property; At least 8 small offices; Dedicated elevator access
