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Mixed-Use Building with Flexible Layout

411 Western Boulevard, Jacksonville, NC 28546

For Sale
$699,000

Commercial Sale, Jacksonville, NC

Property Size7,170 SF
Lot Size0.44 Acres
Price / SF$97.46
Days on Market190

Property Features for 411 Western Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning CC
Parking features Parking Lot
Directions Traveling North on Hwy 17 you will bear to the right following signs for NC-24 E/Camp Lejeune/Morehead City/New Bern. Travel approximately 6.5 miles and turn right onto NC-53/Western Blvd. The building is approximately .7 miles down on the right hand side.
Standard status Active
APN 346f-82
Size 7,172 SF
Lot size 0.44 Acres

Additional Details

Tenant in Place Yes
Property Use Office, Retail, Retail Services

Taxes and HOA fees

Tax Year 2025
Tax Description SR 1470
Tax Annual Amount 10885
Legal Description SR 1470

Utilities

Heating system Electric (Heating)

Amenities

front and rear entrance
restrooms
break areas

Building Details

Year built 1985
Building materials Wood Siding
Roof type Metal, Shingle
Buildings 1
Listing Agency: Keller Williams Innovate-Wilmington · Keller Williams Realty
Listed By: Greg A Edgerton · License NC #330041
Added: May 5 Changed: Oct 31 Last Checked: Nov 10 at 5:06PM
MLS# 100571739

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.

Rey
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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.

This 7,172-square-foot mixed-use building, constructed in 1985, is configured for office, retail, retail services, and potential medical or dental use. The property contains 27 units, including 19 currently available for lease, and is arranged across four sections. Each section includes a front entrance, rear entrance, restroom, break area, and separate power meter, supporting a range of occupancy configurations. The building features wood siding, electric heating, shingle and metal roofing, and an on-site parking lot.

Positioned on Western Boulevard in Jacksonville, the property benefits from reported traffic counts exceeding 30,000 vehicles per day. CC zoning supports its commercial positioning, while the existing layout provides the option to operate the building as individual units or four larger sections. The 0.44-acre site offers an established setting for an owner-user, multi-tenant strategy, or a combination of both.

Key Highlights

  • 7,172‑square‑foot mixed‑use building on a 0.44‑acre site
  • 27 total units, with 19 units currently available for lease
  • Four sections each include front and rear entrances, restrooms, break areas, and a power meter

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,487
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$989,740 $989.7K
Cap Rate 7%
$706,957 $707.0K
Cap Rate 9%
$549,856 $549.9K
Market Conditions
NOI Build-Up for 7,172 SF
Gross rent
$86.1K $12.00/SF
− Vacancy
−$6.9K −$0.96/SF
EGI
$79.2K $11.04/SF
− OpEx
−$29.7K −$4.14/SF
NOI
$49.5K $6.90/SF
Area
Onslow County, NC
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$989,740
Cap Rate 7%
$706,957
Cap Rate 9%
$549,856

Alternative Uses

Best Use
Office B
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,299 @ 7.0% cap · market cap 11.77%
Second Best
Retail
$950.1K
$831.4K – $1.11M (±1% cap)
NOI $66,510 @ 7.0% cap · market cap 9.52%
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M (±1% cap)
NOI $109,060 @ 7.0% cap · market cap 15.60%
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

H Ruth Mitchell, ... Alternative Medicine Practice Jeffrey W Wright ... Physician Roman’s Barbershop Barber Shop Lavish Aura Supplies (Bike/Boat/Book/etc) Store Carolina Catastrophe Services ... Roofing Company

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Storage Facility Big Box & Wholesale Store Building Supply Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27
Office units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,247
Businesses Nearby

Demographics for 28546, NC

48,547
Population
21,387
Households
2.3
Avg Household Size
30
Median Age
25%
College-Educated
95%
High-School Grad
103.9 sq mi
ZIP Area
467
Density / Sq Mi
$60,552
Median Household Income
$39,487
Median Earnings
$1,174
Median Rent
$212,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - CC-zoned commercial property offering office, retail, and service-oriented configuration options.
Where is this mixed-use property located?
The property is located at 411 Western Boulevard Jacksonville, NC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 7,172‑square‑foot mixed‑use building on a 0.44‑acre site; 27 total units, with 19 units currently available for lease; Four sections each include front and rear entrances, restrooms, break areas, and a power meter
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