Freestanding Office Building with Parking
For Sale
$369,900
201 S Orange Avenue, Dunn, NC 28334
SINGLE_FAMILY - Dunn, NC
Property Size3,154 SF
Price / SF$117.28
Days on Market411
Property Features for 201 S Orange Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning description
DT - Downtown
Parking features
Parking Lot
Lot features
Quarter To Half Acre Lot, Cleared
Directions
From Dunn take W Cumberland St and turn on S. Orange.
Standard status
Active
APN
1516-48-2136.000
Size
3,154 SF
Taxes and HOA fees
Tax Description
1 Lt 201 S Orange Av 140x150
Legal Description
1 Lt 201 S Orange Av 140x150
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Building materials
VinylSiding
Roof type
Rubber, Shingle
Listing Agency:
RE/MAX SIGNATURE REALTY
(910) 814-0532
Listed By:
GAIL ADAMS · License #206708
(919) 669-8848
Added: Jun 20, 2025
Changed: Jul 28
Last Checked: Aug 4 at 1:06AM
MLS# 745736
Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding commercial office building offers a flexible interior layout with multiple entry points, open work areas, and private office space. Hardwood flooring is described throughout the main building, and the property includes a separate on-site storage building for inventory, equipment, or supplies. The exterior is noted as vinyl siding, with natural gas heating and a roof comprised of rubber and shingle materials.
The property is located on the corner of HWY 421, with excellent visibility and accessibility from the highway. A large paved parking area supports customer, employee, and delivery access, with parking provided on-site via a parking lot.
With its office and retail adaptability and on-site storage, the building is positioned for businesses seeking a street-facing location with straightforward customer and operational access along HWY 421.
The property is located on the corner of HWY 421, with excellent visibility and accessibility from the highway. A large paved parking area supports customer, employee, and delivery access, with parking provided on-site via a parking lot.
With its office and retail adaptability and on-site storage, the building is positioned for businesses seeking a street-facing location with straightforward customer and operational access along HWY 421.
Key Highlights
- 3,154 sq ft commercial office‑ready building with flexible layout
- Corner of HWY 421 with excellent visibility and accessibility
- Large paved parking area for customers, employees, and deliveries
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.5k | $13.80 |
| − Vacancy | −$3.6k | −$1.15 |
| EGI | $39.9k | $12.65 |
| − OpEx | −$12.0k | −$3.80 |
| NOI | $27.9k | $8.86 |
3,154 SF · lease $13.80/SF/yr · vacancy 8.30% · expense 30.00%
Alternative Uses
Best Use
Office B
$491.0K
$429.6K – $572.8K
NOI $34,368 @ 7.0% cap · market cap 9.29%
Second Best
Retail
$399.1K
$349.2K – $465.7K
NOI $27,939 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$686.6K
$600.8K – $801.0K
NOI $48,061 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
732
Businesses Nearby
Explore this area
Business Placement
Demographics for 28334, NC
23,697
Population
10,339
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
86%
High-School Grad
160.3 sq mi
ZIP Area
148
Density / Sq Mi
$54,527
Median Household Income
$37,967
Median Earnings
$826
Median Rent
$171,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office-ready commercial building on a corner lot with paved parking, natural gas heat, and public water and sewer service.
Where is this office building located?
The property is located at 201 S Orange Avenue Dunn, NC.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 3,154 sq ft commercial office‑ready building with flexible layout; Corner of HWY 421 with excellent visibility and accessibility; Large paved parking area for customers, employees, and deliveries
