Commercial Income Property with
For Sale
$240,000
256 U.S Highway 70 W, Havelock, NC 28532
MULTI_FAMILY - Havelock, NC
Property Size1,140 SF
Lot Size0.37 Acres
Price / SF$210.53
Days on Market207
Property Features for 256 U.S Highway 70 W
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Comm
Parking
2
Parking features
Off Street, Carport
Subdivision
Not In Subdivision
Lot features
Interior Lot
Directions
- Leave from Broad St/US-70 Bus W/US-17 S/NC-55 - Turn left onto Bern St - Turn left onto Pollock St - Turn left onto George St - Turn right onto Broad St/US-70 Bus E/US-17 N/NC-55 - At the roundabout take the first exit onto E Front St/US-70 Bus E/US-17 N/NC-55 - Bear left at US Highway 70 E/US-70 E toward Havelock - Follow US Highway 70 E/US-70 E - Take the right exit onto United St
Standard status
Active
APN
6-044-30000
Size
1,140 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Lot 1-A Survey Norris G. Dillahunt Jr & Josietta
Tax Annual Amount
3004
Legal Description
Lot 1-A Survey Norris G. Dillahunt Jr & Josietta
Utilities
Heating system
Electric (Heating), Heat Pump (Heating)
Water source
Public
Building Details
Year built
1947
Number of units
1
Flooring type
Wood
Building materials
Block
Roof type
Shingle
Listing Agency:
Keller Williams Realty Points East
(252) 355-6000
Listed By:
Carolyn Joyner · License #354621
(919) 740-8368
Added: Jan 5
Changed: Jul 1
Last Checked: Jul 31 at 1:06AM
MLS# 100547409
Copyright © 2026 Hive 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 property is being sold as part of a bundle deal and will not be sold separately. The listing includes Lot#2 Survey, Parcel# 6-044-30001, and references MLS#100504214 as part of the same bundle. The property comes with a detached storage building.
Located in Havelock, North Carolina at 256 U.S. Highway 70 W, the site is described as having a high-traffic highway connection leading toward the North Carolina beaches.
The property is identified as a single-family income property with commercial zoning.
Located in Havelock, North Carolina at 256 U.S. Highway 70 W, the site is described as having a high-traffic highway connection leading toward the North Carolina beaches.
The property is identified as a single-family income property with commercial zoning.
Key Highlights
- Built in 1947 with block construction and a shingle roof
- Heating includes electric heat and a heat pump
- Wood flooring throughout
Financial Insights For Apartment 5plus
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 | $17.9k | $15.72 |
| − Vacancy | −$986 | −$0.86 |
| EGI | $16.9k | $14.86 |
| − OpEx | −$7.6k | −$6.68 |
| NOI | $9.3k | $8.17 |
1,140 SF · lease $15.72/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$133.1K
$116.4K – $155.2K
NOI $9,314 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.9K
$328.9K – $438.5K
NOI $26,310 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Explore this area
Business Placement
Demographics for 28532, NC
20,340
Population
8,677
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
93%
High-School Grad
165.4 sq mi
ZIP Area
123
Density / Sq Mi
$65,772
Median Household Income
$38,839
Median Earnings
$1,270
Median Rent
$193,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Single-family income property for sale in Havelock with a detached storage building and commercial zoning.
Where is this single family property located?
The property is located at 256 U.S Highway 70 W Havelock, NC.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Built in 1947 with block construction and a shingle roof; Heating includes electric heat and a heat pump; Wood flooring throughout
