Office
315 Hines St W e, Wilson, NC 27893
For Sale
Contact for pricing
The suite’s compact layout accommodates a small business or professional office.
Property Size385 SF
Price / SF$0.91
Days on Market9
Property Features for 315 Hines St W e
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
Green Valley Realty
Listed By:
Tracey Barnes · License NC #287705
(252) 291-1492
Source:
Myhomesearchtriangle
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 5:15PM
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 Green Valley Realty
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Investment Insights
Based on property information with market context.
This 385-square-foot office unit was built in 1972 and provides space for a small business or professional office. Its compact size offers a straightforward option for organizations seeking a modest office footprint.
The property is next to a fire station and a short distance from Wilson Warbirds stadium. Downtown Wilson and major thoroughfares are accessible from the site.
The property is next to a fire station and a short distance from Wilson Warbirds stadium. Downtown Wilson and major thoroughfares are accessible from the site.
Key Highlights
- 385‑square‑foot office unit
- Built in 1972
- Next to a fire station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,851
Suggested Prices Based on Cap Rates
Cap Rate 5%
$97,020
$97.0K
Cap Rate 7%
$69,300
$69.3K
Cap Rate 9%
$53,900
$53.9K
Market Conditions
NOI Build-Up for 385 SF
Gross rent
$8.1K $21.00/SF
− Vacancy
−$1.6K −$4.20/SF
EGI
$6.5K $16.80/SF
− OpEx
−$1.6K −$4.20/SF
NOI
$4.9K $12.60/SF
Area
Wilson County, NC
Vacancy
20.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$97,020
Cap Rate 7%
$69,300
Cap Rate 9%
$53,900
Alternative Uses
Best Use
Office B
$69.3K
$60.6K – $80.9K
NOI $4,851 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$92.4K
$80.9K – $107.8K
NOI $6,468 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
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Business Placement
Demographics for 27893, NC
37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite’s compact layout accommodates a small business or professional office.
Where is this office unit located?
The property is located at 315 Hines St W e Wilson, NC.
What are key features of this property?
This property features: 385‑square‑foot office unit; Built in 1972; Next to a fire station
