Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    148 E Meadow Road Eden, NC 27288

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $249,900

    Versatile property suitable for residential, business, or live/work use.

    Type:Commercial
    Added:
    Jan 20, 2026
    Days on Market:
    71
    Last Refresh:
    Mar 26 at 1:39 am

    Property Features for 148 E Meadow Road

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1939

    We can help!

    Listing Contact
    TERESA S. KNOWLES
    TERESA S. KNOWLES

    Listing agent TERESA S. KNOWLES License #169794

    Listing office CENTURY 21 THE KNOWLES TEAM

    Listing date Jan 20, 2026

    Source Corcoran

    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 CENTURY 21 THE KNOWLES TEAM

    Overview

    Charming Cottage with Business Zoning

    Built in 1939, this English cottage features Highway Business zoning, offering flexibility for residential living, a home-based business, office use, or boutique-style commercial space. The property showcases steep gabled rooflines, an arched front entry, and a prominent chimney. Light-filled living spaces provide a setting for clients or everyday living. Bedrooms can be adapted for an office, studio, consultation room, or guest space. The yard offers room for signage and parking. Located along a high-visibility corridor near restaurants, shopping, and daily conveniences, this property supports business exposure and lifestyle convenience. This property delivers versatility, charm, and location, and is suitable for launching a small business, investing, or seeking a live/work opportunity.
    Location Intelligence

    Current Use by Public Records

    Pops Pest Control ... Department Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Eden
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.7415
    Latitude
    36.5072

    Nearby Similar for Sale

    • $325,000

      Eden Office Building For Sale

      Office building in a busy location with high visibility.
      222 E Meadow Road, Eden, NC 27288
      View Details
    • $65,000

      Eden Triplex with Renovation Potential

      Triplex in Eden, NC, with renovation and income potential.
      1203 Ridge Avenue, Eden, NC 27288
      View Details
    • $749,900

      Turn-Key Restaurant Building in Eden

      Turn-key restaurant on high-traffic corridor, suitable for retail/office.
      203B E Meadow Road, Eden, NC 27288
      View Details
    • Contact for pricing
      38,450 SF

      High-Occupancy Self-Storage Facility For Sale

      274-unit self-storage facility with value-add potential in Eden, NC.
      1809 NC Highway 135, Eden, NC 27288
      View Details
    • $335,000

      Multi-Use Facility For Sale

      Multi-use facility with mechanic shop, office, and warehouse space.
      121 Boone Road, Eden, NC 27288
      View Details
    • $357,500

      Well-Maintained Commercial Property For Sale

      Versatile commercial property, ideal for investment or business venture.
      114 S Park Terrace, Eden, NC 27288
      View Details
    • $1,500,000

      Medical Space in Eden, NC

      Medical space available for sale in Eden, North Carolina.
      110 S Park Terrace, Eden, NC 27288
      View Details
    • $320,000

      Established Car Wash on Highway

      Self-serve car wash on 0.60 acres in high-traffic area.
      207 W Stadium Drive, Eden, NC 27288
      View Details
    • Contact for pricing

      Retail Property Fronting Food Lion

      Retail property with excellent visibility near Walmart Supercenter.
      808 S Van Buren Rd, Eden, NC 27288
      View Details
    • $559,900

      Tenant-Occupied Gas Station Investment Property

      Gas station for sale with tenant in place until 2028.
      108 Boone Road, Eden, NC 27288
      View Details
    • $250,000

      Church/Office Campus on 2.55 Acres

      Move-in ready church/office campus with additional meeting space.
      14160 NC Highway 87, Eden, NC 27288
      View Details
    • $2,500,000
      6,250 SF

      Medical Office Investment Opportunity

      Medical office space for sale, leased to Cone Health.
      509 Van Buren Road, Eden, NC 27288
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Versatile property suitable for residential, business, or live/work use.
    Where is this mixed-use property located?
    The property is located at 148 E Meadow Road Eden, NC.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: HWY Business zoning allows for residential, business, office, or commercial use.; High‑visibility location near restaurants, shopping, and daily conveniences.; **Classic English cottage architecture with steep gabled rooflines and arched entry.**
    (336) 342-2022
    We can help!
    Listing Contact
    TERESA S. KNOWLES
    TERESA S. KNOWLES
    Real Estate License ID: 169794
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!