Mixed-Use Commercial
For Sale
$205,000
133 Tarboro Street SW, Wilson, NC 27893
The vacant interior needs flooring, mechanical systems, and general renovation before occupancy.
Property Size1,833 SF
Price / SF$111.84
Days on Market187
Property Features for 133 Tarboro Street SW
General Information
Standard status
Active
Size
1,833 SF
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
Interior requires flooring, mechanical systems, and general renovation
Additional Details
Condition
Shell
Corner Location
Yes
Building Details
Building Size
1,833 SF
Year Built
1950
Listing Agency:
Eggleston Real Estate Consulting Inc
Listed By:
Tammy Eggleston · License #295289
(336) 214-4230
Source:
Egglestonrealestate
Added: Apr 21
Changed: Oct 23
Last Checked: Oct 23 at 3:15PM
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 Eggleston Real Estate Consulting Inc
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Investment Insights
Based on property information with market context.
This 1,833-square-foot commercial building dates to 1950 and is offered in cold-shell condition. Flooring, mechanical systems, and other general renovation work are needed. The property is being sold as-is, with a blank interior suited to a retail, office, or mixed-use redevelopment plan.
At the corner of Tarboro Street SW in Wilson’s historic downtown, the site includes side parking and access to paid public parking behind the building. Warbirds Baseball Stadium and Vollis Simpson Whirligig Park are each about half a mile away.
At the corner of Tarboro Street SW in Wilson’s historic downtown, the site includes side parking and access to paid public parking behind the building. Warbirds Baseball Stadium and Vollis Simpson Whirligig Park are each about half a mile away.
Key Highlights
- 1,833‑square‑foot commercial building
- Cold‑shell interior requires flooring, mechanical systems, and general renovation
- Corner location at 133 Tarboro Street SW in Wilson
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,147
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,940
$362.9K
Cap Rate 7%
$259,243
$259.2K
Cap Rate 9%
$201,633
$201.6K
Market Conditions
NOI Build-Up for 1,833 SF
Gross rent
$33.0K $18.00/SF
− Vacancy
−$4.0K −$2.16/SF
EGI
$29.0K $15.84/SF
− OpEx
−$10.9K −$5.94/SF
NOI
$18.1K $9.90/SF
Area
Wilson County, NC
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,940
Cap Rate 7%
$259,243
Cap Rate 9%
$201,633
Alternative Uses
Best Use
Retail
$271.7K
$237.7K – $317.0K
NOI $19,019 @ 7.0% cap · market cap 9.28%
Second Best
Mixed Use
$259.2K
$226.8K – $302.5K
NOI $18,147 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$439.9K
$385.0K – $513.3K
NOI $30,796 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
961
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
Western Sizzlin
Dining
15,715 visits/mo
0.4 miles
Dollar Tree
Shops & Services
9,269 visits/mo
0.2 miles
Family Dollar
Shops & Services
3,874 visits/mo
0.3 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The vacant interior needs flooring, mechanical systems, and general renovation before occupancy.
Where is this mixed-use property located?
The property is located at 133 Tarboro Street SW Wilson, NC.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 1,833‑square‑foot commercial building; Cold‑shell interior requires flooring, mechanical systems, and general renovation; Corner location at 133 Tarboro Street SW in Wilson
