Mixed-Use Property with
For Sale
$500,000
246 N Carolina 581, Goldsboro, NC 27530
Commercial Sale, Goldsboro, NC
Property Size3,461 SF
Lot Size0.77 Acres
Price / SF$144.47
Days on Market137
Property Features for 246 N Carolina 581
General Information
Property type
Commercial Sale
Property subtype
Other
Appliances
Built-In Freezer, Built-In Gas Range, Built-In Refrigerator, Cooktop - Down, Exhaust Fan, Free-Standing Freezer, Free-Standing Refrigerator, Freezer, Gas Cooktop, Ice Maker, Refrigerator, Vented Exhaust Fan
Standard status
Active
Size
3,461 SF
Lot size
0.77 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LT 11 & PT 10 KADIS
Tax Annual Amount
1359
Legal Description
LT 11 & PT 10 KADIS
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Separate Meters, Heat Pump, Central Air, Exhaust Fan (Cooling)
Building Details
Year built
1964
Building materials
Brick Veneer, Vinyl Siding
Listing Agency:
EXP Realty LLC
(888) 584-9431
Listed By:
Sami Morteo
(919) 972-8448
Added: May 27
Changed: Oct 8
Last Checked: Oct 10 at 6:06AM
MLS# 10169929
Copyright © 2026 Doorify MLS. 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 3,461-square-foot mixed-use property on 0.77 acres combines an equipped restaurant operation with residential and flexible commercial space. Restaurant fixtures and equipment include fryers, grills, refrigerators, a walk-in cooler and freezer, ice machine, hood exhaust system, POS system, prep stations, sinks, tables, and chairs.
The property also includes a three-bedroom, one-bath apartment with a living room, eat-in kitchen, and garage. The apartment is occupied under a month-to-month lease. A separate storage/flex area adds space for retail, office use, expansion, or additional rental activity. Built in 1964, the property is located at 246 N Carolina 581 in Goldsboro, North Carolina.
The property also includes a three-bedroom, one-bath apartment with a living room, eat-in kitchen, and garage. The apartment is occupied under a month-to-month lease. A separate storage/flex area adds space for retail, office use, expansion, or additional rental activity. Built in 1964, the property is located at 246 N Carolina 581 in Goldsboro, North Carolina.
Key Highlights
- 3,461 SF mixed‑use property on 0.77 acres
- Equipped restaurant with fryers, grills, refrigeration, walk‑in cooler and freezer, hood exhaust, POS system, and prep areas
- Three‑bedroom, one‑bath apartment with living room, eat‑in kitchen, and garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,043
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,860
$700.9K
Cap Rate 7%
$500,614
$500.6K
Cap Rate 9%
$389,367
$389.4K
Market Conditions
NOI Build-Up for 3,461 SF
Gross rent
$62.3K $18.00/SF
− Vacancy
−$6.2K −$1.80/SF
EGI
$56.1K $16.20/SF
− OpEx
−$21.0K −$6.07/SF
NOI
$35.0K $10.13/SF
Area
Wayne County, NC
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,860
Cap Rate 7%
$500,614
Cap Rate 9%
$389,367
Alternative Uses
Best Use
Specialty Retail
$2.78M
$2.43M – $3.25M
NOI $194,777 @ 7.0% cap · market cap 38.96%
Second Best
Flex RnD
$2.25M
$1.97M – $2.63M
NOI $157,715 @ 7.0% cap · market cap 31.54%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
Explore this area
Business Placement
Demographics for 27530, NC
37,470
Population
17,796
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
89%
High-School Grad
106.5 sq mi
ZIP Area
352
Density / Sq Mi
$55,507
Median Household Income
$37,696
Median Earnings
$827
Median Rent
$176,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant equipment, an apartment, and separate flex space support multiple commercial and residential functions.
Where is this mixed-use property located?
The property is located at 246 N Carolina 581 Goldsboro, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,461 SF mixed‑use property on 0.77 acres; Equipped restaurant with fryers, grills, refrigeration, walk‑in cooler and freezer, hood exhaust, POS system, and prep areas; Three‑bedroom, one‑bath apartment with living room, eat‑in kitchen, and garage
