Multi-Office Commercial
For Sale
$399,000
110 S Layton Ave, Dunn, NC 28334
Downtown Dunn office building with multiple areas, full kitchen, built-ins, storage, and courtyard or patio space.
Property Size3,101 SF
Lot Size0.41 Acres
Price / SF$128.67
Days on Market141
Property Features for 110 S Layton Ave
General Information
Standard status
Active
Size
3,101 SF
Lot size
0.41 Acres
Building Details
Year Built
1960
Listing Agency:
Elmore Realty, LLC
Listed By:
Lindsey Edith Elmore Godwin · License #281461
(919) 820-1036
Source:
Tcrnc
Added: Jun 15
Changed: Oct 25
Last Checked: Oct 7 at 5:27PM
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 Elmore Realty, LLC
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Investment Insights
Based on property information with market context.
This commercial property offers multiple office areas with built-ins throughout. The layout includes a full kitchen, plenty of storage, and restrooms, supporting day-to-day office use for a single business or multiple operators. Additional exterior space is available to enjoy breaks in the courtyard or patio.
The building is located in the downtown Dunn district and provides visibility along 421. It sits on a total of 0.41 acres and the structure is on three combined lots.
With its combination of private office space and shared amenities like a full kitchen, this property is well suited for businesses that need multiple rooms for teams, client meetings, or back-office functions. Owners or buyers looking for a flexible office setup can evaluate the existing room configuration for their specific operational needs.
The building is located in the downtown Dunn district and provides visibility along 421. It sits on a total of 0.41 acres and the structure is on three combined lots.
With its combination of private office space and shared amenities like a full kitchen, this property is well suited for businesses that need multiple rooms for teams, client meetings, or back-office functions. Owners or buyers looking for a flexible office setup can evaluate the existing room configuration for their specific operational needs.
Key Highlights
- Downtown Dunn commercial office building on 0.41 AC across 3 combined lots
- Multiple office areas with built‑ins throughout
- Includes a full kitchen plus plenty of storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,791
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,820
$675.8K
Cap Rate 7%
$482,729
$482.7K
Cap Rate 9%
$375,456
$375.5K
Market Conditions
NOI Build-Up for 3,101 SF
Gross rent
$54.0K $17.40/SF
− Vacancy
−$8.9K −$2.87/SF
EGI
$45.1K $14.53/SF
− OpEx
−$11.3K −$3.63/SF
NOI
$33.8K $10.90/SF
Area
Harnett County, NC
Vacancy
16.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,820
Cap Rate 7%
$482,729
Cap Rate 9%
$375,456
Alternative Uses
Best Use
Office B
$482.7K
$422.4K – $563.2K
NOI $33,791 @ 7.0% cap · market cap 8.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$675.0K
$590.7K – $787.6K
NOI $47,253 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
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Business Placement
Demographics for 28334, NC
23,697
Population
10,339
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
86%
High-School Grad
160.3 sq mi
ZIP Area
148
Density / Sq Mi
$54,527
Median Household Income
$37,967
Median Earnings
$826
Median Rent
$171,300
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 - Downtown Dunn office building with multiple areas, full kitchen, built-ins, storage, and courtyard or patio space.
Where is this office unit located?
The property is located at 110 S Layton Ave Dunn, NC.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Downtown Dunn commercial office building on 0.41 AC across 3 combined lots; Multiple office areas with built‑ins throughout; Includes a full kitchen plus plenty of storage
