Retail
For Sale
Contact for pricing
3475 Airport Boulevard NW Unit G&H, Wilson, NC 27896
Two adjoining units offer a combined 2,534 square feet of retail area.
Property Size2,534 SF
Price / SF$1.42
Days on Market17
Property Features for 3475 Airport Boulevard NW Unit G&H
General Information
Standard status
Active
Size
2,534 SF
Property subtype
Other
Building Details
Year Built
2004
Listing Agency:
Green Valley Realty
(252) 292-0615
Listed By:
Tracey Barnes · License #287705
(252) 218-6924
Source:
Navigaterealty
Added: Oct 14
Changed: Oct 30
Last Checked: Oct 30 at 2:01AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Units G and H at 3475 Airport Boulevard NW provide 2,534 square feet of retail space. The property was built in 2004.
The space is located along Airport Boulevard NW in Wilson, within a residential area described as growing.
The space is located along Airport Boulevard NW in Wilson, within a residential area described as growing.
Key Highlights
- 2,534 square feet of retail space
- Built in 2004
- Located at 3475 Airport Boulevard NW, Wilson, NC 27896
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,293
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,860
$525.9K
Cap Rate 7%
$375,614
$375.6K
Cap Rate 9%
$292,144
$292.1K
Market Conditions
NOI Build-Up for 2,534 SF
Gross rent
$41.1K $16.20/SF
− Vacancy
−$3.5K −$1.38/SF
EGI
$37.6K $14.82/SF
− OpEx
−$11.3K −$4.45/SF
NOI
$26.3K $10.38/SF
Area
Wilson County, NC
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,860
Cap Rate 7%
$375,614
Cap Rate 9%
$292,144
Alternative Uses
Best Use
Retail
$375.6K
$328.7K – $438.2K
NOI $26,293 @ 7.0% cap · market cap 730.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$608.2K
$532.2K – $709.6K
NOI $42,574 @ 7.0% cap · market cap 1,182.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 30%
Home Improvements & Furnishings 12%
Hwy 55 Burgers, Shakes & Fries
Dining
4,046 visits/mo
0.2 miles
Mr. Tire
Shops & Services
1,123 visits/mo
0.5 miles
Liberty Tax
Shops & Services
1,012 visits/mo
0.3 miles
City Electric Supply
Home Improvements & Furnishings
829 visits/mo
0.1 miles
Demographics for 27896, NC
20,683
Population
8,496
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
91%
High-School Grad
35.2 sq mi
ZIP Area
588
Density / Sq Mi
$67,893
Median Household Income
$44,339
Median Earnings
$1,093
Median Rent
$213,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Two adjoining units offer a combined 2,534 square feet of retail area.
Where is this retail space located?
The property is located at 3475 Airport Boulevard NW Unit G&H Wilson, NC.
What are key features of this property?
This property features: 2,534 square feet of retail space; Built in 2004; Located at 3475 Airport Boulevard NW, Wilson, NC 27896
