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

    212 South Main Street Laurinburg, NC 28352

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Two-tenant building in downtown Laurinburg with retail and office space.

    Type:Retail
    Property size:
    6,264 SF
    Added:
    Nov 26, 2025
    Days on Market:
    126
    Last Refresh:
    Mar 29 at 9:48 pm

    Property Features for 212 South Main Street

    General Information

    Standard status
    Active
    Size
    6,264 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Alyssa Stepusin Byrd

    Listing agent Alyssa Stepusin Byrd

    Listing office Lee & Associates | Raleigh

    Listing date Nov 26, 2025

    Source Lee-associates

    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 Lee & Associates | Raleigh

    Overview

    Downtown Laurinburg Retail/Office Building

    The property at 212 S Main Street and 116 E Cronly Street is a 6,264 square foot two-tenant building suitable for retail or office use. It is located on a signalized corner in Downtown Laurinburg, a designated Main Street America Affiliate community. The building benefits from excellent visibility and consistent daytime traffic. The property features 2,394 square feet of space leased to a professional services office, and 3,870 square feet of retail or showroom space with 12-foot ceilings. Situated in Laurinburg's Downtown Social District, the location offers a prominent signalized corner with excellent exposure. Ample public and street parking is available nearby, and the property is within walking distance of restaurants, shops, and community amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurinburg
    County
    Scotland
    State
    North Carolina
    Longitude
    -79.4618
    Latitude
    34.7756

    Nearby Similar for Sale

    • $395,000
      1,290 SF

      Laurinburg Commercial Property on Two Acres

      4000 SF building on 2 acres, fenced back area.
      17421 Plant Road, Laurinburg, NC 28352
      View Details
    • $125,000
      2,780 SF

      Laurinburg Retail Space For Sale

      Former deli on Main Street, ideal for retail or office.
      221 S Main Street, Laurinburg, NC 28352
      View Details
    • $212,000
      1,565 SF

      Laurinburg Office Investment Opportunity

      Office property in Laurinburg, leased with long-term tenant.
      911 Atkinson Street, Laurinburg, NC 28352
      View Details
    • $480,000
      2,664 SF

      Former Jewelry Storefront with Vault

      High-visibility corner lot with showroom, offices, and ample parking.
      110 W Church Street, Laurinburg, NC 28352
      View Details
    • $170,000
      3,867 SF

      Laurinburg Commercial Building For Sale

      Commercial building in downtown Laurinburg with multiple rental opportunities.
      329 S Main Street, Laurinburg, NC 28352
      View Details
    • $1,725,000
      2,200 SF

      Laurinburg Retail Investment Opportunity

      Freestanding Firehouse Subs with drive-thru on 0.53 acres.
      890 US Hwy 401, Laurinburg, NC 28352
      View Details
    • $155,000
      5,390 SF

      Vacant Warehouse and Office Spaces

      Vacant warehouse and office spaces available for sale.
      211 W Cronly Street, Laurinburg, NC 28352
      View Details
    • Contact for pricing
      3,373 SF

      Former Restaurant on 2.66 Acres

      3,373 SF former restaurant on 2.66 acres for sale.
      1815 S Main St, Laurinburg, NC
      View Details
    • $179,900
      4,400 SF

      Brick Church with Sanctuary

      Church with sanctuary, fellowship hall, office, and kitchen.
      524 Roseville Street, Laurinburg, NC 28352
      View Details
    • $250,000
      2,090 SF

      Laurinburg Auto Shop with Land

      Auto shop with equipment and additional acreage for sale.
      10000 Mccoll Road, Laurinburg, NC 28352
      View Details
    • $239,000
      3,744 SF

      Laurinburg Commercial Building For Sale

      Commercial building with tenants in all three units for sale.
      124 W Cronly Street, Laurinburg, NC 28352
      View Details
    • $6,000,000

      278 Acre Equestrian Facility

      Gated equestrian facility with 122 stalls and multiple arenas.
      9167 Hasty Road, Laurinburg, NC 28352
      View Details

    FAQs

    What type of property is this?
    Retail space - Two-tenant building in downtown Laurinburg with retail and office space.
    Where is this retail space located?
    The property is located at 212 South Main Street Laurinburg, NC.
    What are key features of this property?
    This property features: Prominent signalized corner location in Downtown Laurinburg with excellent exposure.; ±6,264 SF two‑tenant building ideal for retail, service providers, and professional users.; 3,870 SF retail/showroom space with 12' ceiling heights.
    (919) 576-2512
    We can help!
    Listing Contact
    Alyssa Stepusin Byrd
    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!