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Retail Storefront with Multiple Rooms
For Sale
$315,000

3133 Vass-Carthage Road, Carthage, NC 28327

Commercial Sale, Carthage, NC

Property Size1,296 SF
Lot Size0.41 Acres
Price / SF$243.06
Days on Market52

Property Features for 3133 Vass-Carthage Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Parking features Paved or Surfaced, Off Street, Parking Lot
Lot features Interior Lot
Directions From Rt 1: Take Brothers Rd exit; LEFT on Valley View Rd; LEFT on S Connecticut Ave; CONTINUE to Niagara-Carthage Rd; LEFT on Vass-Carthage Rd.; Property is immediately on the RIGHT. From McCaskill Rd: RIGHT on Farm Life School Rd.; RIGHT on Vass-Carthage Rd; Property is on LEFT just before intersection with Niagara-Carthage Rd.
Standard status Active
APN 99000278
Size 1,296 SF
Lot size 0.41 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BIBEY LAND LOT 2
Tax Annual Amount 463
Legal Description BIBEY LAND LOT 2

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Heat Pump
Water source Well, Private

Building Details

Year built 1994
Flooring type Concrete
Building materials Vinyl Siding, Wood Frame
Roof type Composition
Listing Agency: eXp Realty
Listed By: Lydia Macinta · License #302081
Added: Aug 15 Changed: Sep 26 Last Checked: Oct 5 at 12:06PM
MLS# 100596370

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 1296-square-foot retail storefront, built in 1994, has a reception lobby, work area, additional retail space, separate work room, bathroom, office, laundry and storage room, and tanning room. Concrete flooring runs throughout the building, which has vinyl siding and wood-frame construction. A heat pump is identified as brand new as of April 2026.

The property includes a paved parking lot, handicapped parking, a ramp, and two additional exits beyond the front entrance. Plumbing is installed in multiple areas, supporting the existing bathroom and offering documented infrastructure for potential bathroom or kitchen additions. The building is currently zoned B-1 for business retail and is served by a private well and septic tank. It occupies 0.41 acres at 3133 Vass-Carthage Road in Carthage, NC.

Key Highlights

  • 1296 square feet on 0.41 acres
  • Currently zoned B‑1 for business retail
  • Interior includes reception, retail, work, office, storage, laundry, and tanning rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,635
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,700 $212.7K
Cap Rate 7%
$151,929 $151.9K
Cap Rate 9%
$118,167 $118.2K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$18.2K $14.04/SF
− Vacancy
−$3.0K −$2.32/SF
EGI
$15.2K $11.72/SF
− OpEx
−$4.6K −$3.52/SF
NOI
$10.6K $8.21/SF
Area
Moore County, NC
Vacancy
16.50%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,700
Cap Rate 7%
$151,929
Cap Rate 9%
$118,167

Alternative Uses

Best Use
Retail
$151.9K
$132.9K – $177.3K (±1% cap)
NOI $10,635 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$247.0K
$216.1K – $288.1K (±1% cap)
NOI $17,287 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28327, NC

18,118
Population
7,874
Households
2.3
Avg Household Size
40
Median Age
36%
College-Educated
94%
High-School Grad
186.6 sq mi
ZIP Area
97
Density / Sq Mi
$84,850
Median Household Income
$43,066
Median Earnings
$1,362
Median Rent
$299,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - B-1 retail building with paved parking, ramp access, and flexible interior rooms.
Where is this storefront property located?
The property is located at 3133 Vass-Carthage Road Carthage, NC.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1296 square feet on 0.41 acres; Currently zoned B‑1 for business retail; Interior includes reception, retail, work, office, storage, laundry, and tanning rooms
More about this property
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