Freestanding Retail/Restaurant
For Sale
$495,000
2133 E 5th St, Lumberton, NC 28358
Freestanding C3 building with restaurant area and drive-through, fully leased, plus an upstairs residential living space.
Property Size3,290 SF
Days on Market118
Property Features for 2133 E 5th St
General Information
Standard status
Active
Size
3,290 SF
Property subtype
Retail
Building Details
Building Size
3,290 SF
Year Built
1945
Listing Agency:
Grant-Murray Real Estate
Listed By:
Neil Grant · License #208918
(910) 818-3252
Source:
Grantmurrayre
Added: Jun 25
Changed: Oct 13
Last Checked: Oct 19 at 5:00AM
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 Grant-Murray Real Estate
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Investment Insights
Based on property information with market context.
This freestanding commercial structure totals 3,290 SF and is zoned C3. The ground level reflects a former convenience store layout with a functional drive-through and an attached restaurant area that includes partial kitchen infrastructure. The entire building is under one current tenant lease, with an upstairs level used as residential living space, creating a live-work setup under a single occupancy.
The property is located at 2133 E 5th St in Lumberton, NC on NC Highway 211 near I-95, with a reported traffic count of 17,500 vehicles per day. Two legacy fuel pumps remain on site. The building is sold as-is.
The property is located at 2133 E 5th St in Lumberton, NC on NC Highway 211 near I-95, with a reported traffic count of 17,500 vehicles per day. Two legacy fuel pumps remain on site. The building is sold as-is.
Key Highlights
- 3,290 SF freestanding commercial building in Lumberton, NC, zoned C3
- Fully leased under one tenant at $2,800/month
- Ground level includes former convenience store layout with a functional drive‑through and attached restaurant area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,571
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,420
$651.4K
Cap Rate 7%
$465,300
$465.3K
Cap Rate 9%
$361,900
$361.9K
Market Conditions
NOI Build-Up for 3,290 SF
Gross rent
$59.2K $18.00/SF
− Vacancy
−$7.1K −$2.16/SF
EGI
$52.1K $15.84/SF
− OpEx
−$19.5K −$5.94/SF
NOI
$32.6K $9.90/SF
Area
Robeson 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%
$651,420
Cap Rate 7%
$465,300
Cap Rate 9%
$361,900
Alternative Uses
Best Use
Specialty Retail
$741.6K
$648.9K – $865.2K
NOI $51,912 @ 7.0% cap · market cap 10.49%
Second Best
Office B
$687.5K
$601.6K – $802.1K
NOI $48,128 @ 7.0% cap · market cap 9.72%
Theoretical Best
Office A
$906.9K
$793.6K – $1.06M
NOI $63,484 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
Demographics for 28358, NC
32,865
Population
14,838
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
82%
High-School Grad
196.6 sq mi
ZIP Area
167
Density / Sq Mi
$46,756
Median Household Income
$34,031
Median Earnings
$837
Median Rent
$106,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - Freestanding C3 building with restaurant area and drive-through, fully leased, plus an upstairs residential living space.
Where is this live-work space located?
The property is located at 2133 E 5th St Lumberton, NC.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 3,290 SF freestanding commercial building in Lumberton, NC, zoned C3; Fully leased under one tenant at $2,800/month; Ground level includes former convenience store layout with a functional drive‑through and attached restaurant area
