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    370 Nc Highway 43 Vanceboro, NC 28586

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    For Sale
    $3,200,000

    Absolute net lease investment property in Vanceboro, North Carolina.

    Lot size:
    1.59 Acres

    Property Features for 370 Nc Highway 43

    General Information

    Lot size
    1.59 Acres

    Source: Marcus & Millichap | The Mansour Group Agent David Kern

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vanceboro Retail Investment Opportunity

    This retail property in Vanceboro, NC, presents an investment opportunity with an absolute net lease. The property qualifies for 100% bonus depreciation and is offered below replacement cost with a below-market rental rate. The investment is considered investment grade and features favorable rental increases every 5 years. It is characterized as internet-resistant and recession-proof.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vanceboro
    County
    Craven
    State
    North Carolina
    Longitude
    -77.161159
    Latitude
    35.31217

    Nearby Similar for Sale

    • $950,000
      84.63 Acres

      Established Crawfish Farm For Sale

      Turn-key 80+ acre crawfish farm in Eastern North Carolina.
      1270 Nc 43 Hwy, Vanceboro, NC 28586
      View Details

    FAQs

    What type of property is this?
    Retail space - Absolute net lease investment property in Vanceboro, North Carolina.
    Where is this retail space located?
    The property is located at 370 Nc Highway 43 Vanceboro, NC.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Absolute net lease provides a hands-off investment opportunity.; - Qualifies for 100% bonus depreciation.; - Below replacement cost.
    (858) 373-3200
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    370 Nc Highway 43 Vanceboro, NC 28586
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    370 Nc Highway 43 Vanceboro, NC 28586
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