Commercial Land Near
For Sale
$2,200,000
2600 E Ash St, Goldsboro, NC 27354
Irregular GB-zoned parcel with electric service along two high-traffic commercial corridors in Goldsboro.
Property Size5,635 SF
Price / SF$390.42
Days on Market175
Property Features for 2600 E Ash St
General Information
Standard status
Active
Size
5,635 SF
Building Details
Year Built
1990
Listing Agency:
Wayne Realty
Listed By:
Bob Logan · License #72422
(919) 735-1876
Source:
Barefootbrokers
Added: Apr 24
Changed: Oct 6
Last Checked: Oct 7 at 5:32PM
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
Investment Insights
Based on property information with market context.
This approximately 2.4-acre commercial land parcel is positioned at 2600 E Ash Street in Goldsboro, North Carolina. The irregular-shaped site carries GB zoning and has electric service identified in the property information.
The property fronts the East Ash Street and South Berkeley Boulevard area, with reported traffic volumes of 17,000 AADT on Ash Street and 20,000 AADT on Berkeley Boulevard. It is adjacent to Walgreens and located two blocks from the main entrance to Seymour Johnson Air Force Base.
The property fronts the East Ash Street and South Berkeley Boulevard area, with reported traffic volumes of 17,000 AADT on Ash Street and 20,000 AADT on Berkeley Boulevard. It is adjacent to Walgreens and located two blocks from the main entrance to Seymour Johnson Air Force Base.
Key Highlights
- Approximately 2.4 acres of commercial land
- GB zoning with electric service
- 17,000 AADT on Ash Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,155
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,100
$1.4M
Cap Rate 7%
$987,929
$987.9K
Cap Rate 9%
$768,389
$768.4K
Market Conditions
NOI Build-Up for 5,635 SF
Gross rent
$101.4K $18.00/SF
− Vacancy
−$2.6K −$0.47/SF
EGI
$98.8K $17.53/SF
− OpEx
−$29.6K −$5.26/SF
NOI
$69.2K $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%
$1,383,100
Cap Rate 7%
$987,929
Cap Rate 9%
$768,389
Alternative Uses
Best Use
Retail
$987.9K
$864.4K – $1.15M
NOI $69,155 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.53M
$3.96M – $5.29M
NOI $317,125 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
804
Businesses Nearby
367k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 29%
Apparel 7%
Home Improvements & Furnishings 4%
Hobby Lobby
Shops & Services
43,972 visits/mo
0.2 miles
McDonald's
Dining
39,101 visits/mo
0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
28,903 visits/mo
0.2 miles
SONIC Drive In
Dining
19,017 visits/mo
0.5 miles
Michaels
Shops & Services
18,662 visits/mo
0.4 miles
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Irregular GB-zoned parcel with electric service along two high-traffic commercial corridors in Goldsboro.
Where is this commercial land located?
The property is located at 2600 E Ash St Goldsboro, NC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Approximately 2.4 acres of commercial land; GB zoning with electric service; 17,000 AADT on Ash Street
