Building Details

Year built 1950

Listing Agency: Coldwell Banker HPW · Coldwell Banker Real Estate c***@hpw.com Show Phone

Listed By: Virginia Denton Show Phone

Added: Apr 21 Changed: Oct 20 Last Checked: Oct 24 at 1:06PM

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MLS# 10161620

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,833-square-foot storefront building, constructed in 1950, occupies a corner in downtown Wilson. Its interior is a cold shell and requires flooring, mechanical systems, and broader renovation. The property is being sold as-is.

Side parking is available, with public paid parking behind the building. The site is half a mile from Warbirds Baseball Stadium and Vollis Simpson Whirligig Park.

Key Highlights

• 1,833‑square‑foot storefront building on a downtown corner
• Cold‑shell condition; flooring, mechanical systems, and general renovation are needed
• Side parking, plus access to public paid parking at the rear

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

Is this asking price fair?

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 (±1% cap)

NOI $19,019 @ 7.0% cap · market cap 9.28%

Second Best

Mixed Use

$259.2K

$226.8K – $302.5K (±1% cap)

NOI $18,147 @ 7.0% cap · market cap 8.85%

Theoretical Best

Office A

$439.9K

$385.0K – $513.3K (±1% cap)

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

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

USPS DROP BOX Post Office

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store HVAC Service Skin Care Clinic Kitchen & Bath Showroom

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

961

Businesses Nearby

29k

Monthly Visits Nearby

Balanced

Demand for This Use

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

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Similar Off Market Nearby

• Braswell's Flower Shop — 402 Nash St, Wilson, NC 27893
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Frequently Asked Questions

What type of property is this?

Storefront property - A cold-shell interior needs flooring, mechanical systems, and general renovation.

Where is this storefront 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 storefront building on a downtown corner; Cold‑shell condition; flooring, mechanical systems, and general renovation are needed; Side parking, plus access to public paid parking at the rear