Retail Space with Grease
For Sale
Contact for pricing
1150 Piney Green Rd Unit 300, Jacksonville, NC 28546
Food-service infrastructure and customer parking support restaurant or other service-oriented commercial uses.
Property Size1,100 SF
Price / SF$2.82
Days on Market176
Property Features for 1150 Piney Green Rd Unit 300
General Information
Standard status
Active
Size
1,100 SF
Total Parking Spaces
40
Property subtype
Business Opportunity
Amenities
1'' plumbing
existing grease trap
propane access
ADA-compliant restroom
Building Details
Year Built
2019
Listing Agency:
Coldwell Banker Sea Coast Advantage - Jacksonville
Listed By:
Brock B Goss · License #281298
(910) 915-6652
Source:
Ibxcoastalliving
Added: Apr 24
Changed: Oct 3
Last Checked: Oct 7 at 1:06PM
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 Coldwell Banker Sea Coast Advantage - Jacksonville
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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.
Retail space at 1150 Piney Green Road, Unit 300, in Jacksonville, NC, offering 1,100 SF of open area with an ADA-compliant restroom. The building was constructed in 2019 and includes infrastructure suited to restaurant or service-oriented operations, including 1'' plumbing, an existing grease trap, and on-site propane access.
The property provides approximately 40 parking spaces for customers and staff. Up to 3,300 SF of continuous space is available across the building, offering flexibility for businesses requiring more than the Unit 300 footprint. The site is positioned on Piney Green Road within Jacksonville.
The property provides approximately 40 parking spaces for customers and staff. Up to 3,300 SF of continuous space is available across the building, offering flexibility for businesses requiring more than the Unit 300 footprint. The site is positioned on Piney Green Road within Jacksonville.
Key Highlights
- Unit 300 offers 1,100 SF of open retail area
- Up to 3,300 SF of continuous space available
- Includes 1'' plumbing and an existing grease trap
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,201
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,020
$204.0K
Cap Rate 7%
$145,729
$145.7K
Cap Rate 9%
$113,344
$113.3K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$15.8K $14.40/SF
− Vacancy
−$1.3K −$1.15/SF
EGI
$14.6K $13.25/SF
− OpEx
−$4.4K −$3.97/SF
NOI
$10.2K $9.27/SF
Area
Onslow County, NC
Vacancy
8.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,020
Cap Rate 7%
$145,729
Cap Rate 9%
$113,344
Alternative Uses
Best Use
Retail
$145.7K
$127.5K – $170.0K
NOI $10,201 @ 7.0% cap · market cap 329.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$239.0K
$209.1K – $278.8K
NOI $16,727 @ 7.0% cap · market cap 539.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Explore this area
Business Placement
Demographics for 28546, NC
48,547
Population
21,387
Households
2.3
Avg Household Size
30
Median Age
25%
College-Educated
95%
High-School Grad
103.9 sq mi
ZIP Area
467
Density / Sq Mi
$60,552
Median Household Income
$39,487
Median Earnings
$1,174
Median Rent
$212,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Food-service infrastructure and customer parking support restaurant or other service-oriented commercial uses.
Where is this retail space located?
The property is located at 1150 Piney Green Rd Unit 300 Jacksonville, NC.
What are key features of this property?
This property features: Unit 300 offers 1,100 SF of open retail area; Up to 3,300 SF of continuous space available; Includes 1'' plumbing and an existing grease trap
