Former Pharmacy
2302 Wayne Memorial Dr, Goldsboro, NC 27534
For Sale
$1,500,000
Retail building formerly occupied by a pharmacy and offered for sale.
Property Size9,193 SF
Price / SF$163.17
Days on Market49
Property Features for 2302 Wayne Memorial Dr
General Information
Standard status
Size
Additional Details
Corner Location
Liquor License
Building Details
Year Built
Listing Agency:
Wayne Realty
Listed By:
Bob Logan · License #72422
(919) 920-1494
Source:
Barefootbrokers
Added: Sep 21
Changed: Oct 25
Last Checked: Oct 7 at 12:59PM
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 Wayne Realty
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Investment Insights
Based on property information with market context.
This 9,193-square-foot retail building in Goldsboro, North Carolina, was constructed in 1972 and previously operated as a pharmacy. The property is offered for sale at 2302 Wayne Memorial Dr.
Key Highlights
- 9,193‑square‑foot retail building
- Former pharmacy use
- Built in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,820
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,256,400
$2.3M
Cap Rate 7%
$1,611,714
$1.6M
Cap Rate 9%
$1,253,556
$1.3M
Market Conditions
NOI Build-Up for 9,193 SF
Gross rent
$165.5K $18.00/SF
− Vacancy
−$4.3K −$0.47/SF
EGI
$161.2K $17.53/SF
− OpEx
−$48.4K −$5.26/SF
NOI
$112.8K $12.27/SF
Area
Wayne County, NC
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,256,400
Cap Rate 7%
$1,611,714
Cap Rate 9%
$1,253,556
Alternative Uses
Best Use
Specialty Retail
$7.39M
$6.47M – $8.62M
NOI $517,361 @ 7.0% cap · market cap 34.49%
Second Best
Retail
$1.61M
$1.41M – $1.88M
NOI $112,820 @ 7.0% cap · market cap 7.52%
Theoretical Best
—
—
same as Best Use
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
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
172k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Groceries 25%
Shops & Services 6%
Electronics 1%
McDonald's
Dining
39,173 visits/mo
0.2 miles
Harris Teeter
Groceries
35,033 visits/mo
0.2 miles
Starbucks
Dining
19,571 visits/mo
0.1 miles
Taco Bell
Dining
15,593 visits/mo
0.4 miles
Wendy's
Dining
12,857 visits/mo
0.1 miles
Demographics for 27534, NC
30,844
Population
15,158
Households
2
Avg Household Size
38
Median Age
29%
College-Educated
91%
High-School Grad
73.1 sq mi
ZIP Area
422
Density / Sq Mi
$59,950
Median Household Income
$39,686
Median Earnings
$1,106
Median Rent
$187,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Pharmacy — 1809 Wayne Memorial Dr, Goldsboro, NC 27534
- Harris Teeter Pharmacy — 2120 Wayne Memorial Dr, Goldsboro, NC 27534
- Pharmacy — Goldsboro, NC 27534
- CBD American Shaman — 2138 Wayne Memorial Dr, Goldsboro, NC 27534
- Aaron J. Dunets, PharmD — 2203 Wayne Memorial Dr, Goldsboro, NC 27534
Frequently Asked Questions
What type of property is this?
Drug store - Retail building formerly occupied by a pharmacy and offered for sale.
Where is this drug store located?
The property is located at 2302 Wayne Memorial Dr Goldsboro, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9,193‑square‑foot retail building; Former pharmacy use; Built in 1972
