Two-Story Multi-Tenant Office
3713 Nash Street North Wilson, NC 27896
For Sale
$900,000
Two-story masonry building with six office suites and an attached two-bedroom apartment.
Property Size6,137 SF
Price / SF$146.65
Days on Market282
Property Features for 3713 Nash Street North
General Information
- Standard status
- Active
- Size
- 6,137 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 2002
Listing Agency:
United Real Estate Triangle
(919) 573-8322
Listed By:
Dan Jenkins · License #242367
(919) 573-8322
Source:
Compass
Added: Oct 15, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:19AM
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 United Real Estate Triangle
Investment Insights
Based on property information with market context.
This 6,137-square-foot, two-story masonry multi-tenant office building was constructed in 2002 and includes six office suites plus one two-bedroom, 1.5-bath apartment. The property’s exterior was freshly painted at the end of 2024, and one office suite is currently vacant. The vacant suite is under a lease with up to a year remaining, with the option for lease termination for an owner occupant. Some existing leases are month-to-month, which can allow flexibility for future tenant and lease adjustments.
The building is located in a high-traffic area with visibility, and it is zoned general commercial. Heated and cooled garages are included in the total square footage.
Overall, the property provides a mixed office-and-residential configuration within a general commercial zoning framework, supported by a mix of active leases and one available suite.
The building is located in a high-traffic area with visibility, and it is zoned general commercial. Heated and cooled garages are included in the total square footage.
Overall, the property provides a mixed office-and-residential configuration within a general commercial zoning framework, supported by a mix of active leases and one available suite.
Key Highlights
- 6,137 SF two‑story masonry multi‑tenant office building built in 2002
- Tenancy mix includes six (6) office suites plus one (1) two‑bedroom, 1.5‑bath apartment
- Zoned general commercial
Financial Insights For Office B
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 | $128.9k | $21.00 |
| − Vacancy | −$25.8k | −$4.20 |
| EGI | $103.1k | $16.80 |
| − OpEx | −$25.8k | −$4.20 |
| NOI | $77.3k | $12.60 |
6,137 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.10M
$966.6K – $1.29M
NOI $77,326 @ 7.0% cap · market cap 8.59%
Second Best
Mixed Use
$867.9K
$759.5K – $1.01M
NOI $60,756 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,107 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Two-story masonry building with six office suites and an attached two-bedroom apartment.
Where is this office building located?
The property is located at 3713 Nash Street North Wilson, NC.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 6,137 SF two‑story masonry multi‑tenant office building built in 2002; Tenancy mix includes six (6) office suites plus one (1) two‑bedroom, 1.5‑bath apartment; Zoned general commercial
