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Renovation-Ready Office Building
For Sale
$250,000

109 Ormond Ave, Goldsboro, NC 27530

Cleared interior with conceptual plans supports redevelopment into office or apartment space.

Property Size10,393 SF
Price / SF$24.05
Days on Market153

Property Features for 109 Ormond Ave

General Information

Standard status Active
Size 10,393 SF
Property subtype Commercial

Building Details

Year Built 1940
Listing Agency: Wayne Realty
Listed By: Bob Logan · License #72422
Source: Coastalrealtyassociates
Added: May 15 Changed: Oct 1 Last Checked: Oct 12 at 7:49PM

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 Wayne Realty

Investment Insights

Based on property information with market context.

Built in 1940, this 10,393-square-foot office building has been cleared internally and is positioned for renovation. Architect-prepared conceptual plans are available to help frame the next phase of the property, with office and apartment layouts identified as potential directions. The elevator requires repairs, and an environmental report is on file. The property is offered in its existing condition.

The building is located at 109 Ormond Ave in Goldsboro, directly across from the Wayne County Courthouse on Ormond Avenue. Its courthouse-facing position provides a defined civic-context setting for an owner planning a renovation or repositioning project.

Key Highlights

  • 10,393‑square‑foot office building constructed in 1940
  • Interior cleared and prepared for renovations
  • Architect conceptual plans are available

Property Analytics

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Current Use

Probation Department Probation Office Community Service Social Service Agency

Suggested Use

Top Pick Kitchen & Bath Showroom Pharmacy HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

934
Businesses Nearby

Demographics for 27530, NC

37,470
Population
17,796
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
89%
High-School Grad
106.5 sq mi
ZIP Area
352
Density / Sq Mi
$55,507
Median Household Income
$37,696
Median Earnings
$827
Median Rent
$176,500
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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Cleared interior with conceptual plans supports redevelopment into office or apartment space.
Where is this office building located?
The property is located at 109 Ormond Ave Goldsboro, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 10,393‑square‑foot office building constructed in 1940; Interior cleared and prepared for renovations; Architect conceptual plans are available
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