Downtown Office
108 Nash Street SW, Wilson, NC 27893
For Sale
Contact for pricing
A private office setting occupies a downtown address across from the Wilson County courthouse.
Property Size720 SF
Days on Market8
Property Features for 108 Nash Street SW
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Building Size
Year Built
Listing Agency:
Green Valley Realty
Listed By:
Tracey Barnes · License NC #287705
(252) 218-6924
Source:
Dustinbennett
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 3:31PM
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 Green Valley Realty
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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 office unit is in a building constructed in 1950 and offers a private workspace configuration. Its downtown setting places it across from the Wilson County courthouse.
Key Highlights
- Office building constructed in 1950
- Across from the Wilson County courthouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,072
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,440
$181.4K
Cap Rate 7%
$129,600
$129.6K
Cap Rate 9%
$100,800
$100.8K
Market Conditions
NOI Build-Up for 720 SF
Gross rent
$15.1K $21.00/SF
− Vacancy
−$3.0K −$4.20/SF
EGI
$12.1K $16.80/SF
− OpEx
−$3.0K −$4.20/SF
NOI
$9.1K $12.60/SF
Area
Wilson County, NC
Vacancy
20.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,440
Cap Rate 7%
$129,600
Cap Rate 9%
$100,800
Alternative Uses
Best Use
Office B
$129.6K
$113.4K – $151.2K
NOI $9,072 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$172.8K
$151.2K – $201.6K
NOI $12,097 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
961
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A private office setting occupies a downtown address across from the Wilson County courthouse.
Where is this office unit located?
The property is located at 108 Nash Street SW Wilson, NC.
What are key features of this property?
This property features: Office building constructed in 1950; Across from the Wilson County courthouse
