4303 Seven Lakes Plz, Seven Lakes, NC 27376

Building Details

Year Built 1978 More

Buildings 1 More

Construction brick More

Listing Agency: Carolina Property Sales

Listed By: Justin Mace · License #344955 Show Phone

Source: Myhomesearchtriangle

Added: Aug 30 Changed: Nov 1 Last Checked: Nov 6 at 8:59AM

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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 Carolina Property Sales

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This vacant storefront property includes a 2,920-square-foot brick commercial building constructed in 1978. The open interior provides a flexible starting point for a new occupant or owner, with the property suitable for retail, showroom, office, or other commercial use as supported by the existing configuration.

Located at 4303 Seven Lakes Plz in Seven Lakes, the building sits adjacent to NC Highway 211 within an established commercial area. Parking is available on both sides of the building, providing separate front and rear access for customers, clients, or employees. The property is currently vacant and available for immediate occupancy or repositioning.

Key Highlights

• 2,920‑square‑foot brick commercial building
• Vacant storefront property
• Parking available at the front and rear of the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$23,963

Cap Rate

4.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$479,260 $479.3K

Cap Rate 7%

$342,329 $342.3K

Cap Rate 9%

$266,256 $266.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,920 SF

Gross rent

$41.0K $14.04/SF

− Vacancy

−$6.8K −$2.32/SF

EGI

$34.2K $11.72/SF

− OpEx

−$10.3K −$3.52/SF

NOI

$24.0K $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%

$479,260

Cap Rate 7%

$342,329

Cap Rate 9%

$266,256

Alternative Uses

Best Use

Retail

$342.3K

$299.5K – $399.4K (±1% cap)

NOI $23,963 @ 7.0% cap · market cap 4.36%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$556.4K

$486.9K – $649.1K (±1% cap)

NOI $38,948 @ 7.0% cap · market cap 7.09%

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

Harris Printing Co Marketing & Advertising

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Bakery Daycare Center Carpet & Flooring Store

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

295

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 27376, NC

9,317

Population

4,598

Households

2

Avg Household Size

48

Median Age

33%

College-Educated

96%

High-School Grad

68.6 sq mi

ZIP Area

136

Density / Sq Mi

$74,891

Median Household Income

$37,147

Median Earnings

$984

Median Rent

$314,700

Median Home Value

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

Similar Off Market Nearby

• pinehirst nc — 110 P3132, Seven Lakes, NC 27376

Frequently Asked Questions

What type of property is this?

Storefront property - Vacant brick storefront with parking at both the front and rear, positioned near NC Highway 211.

Where is this storefront property located?

The property is located at 4303 Seven Lakes Plz Seven Lakes, NC.

What is the asking price?

The asking price for this property is $549,000.

What are key features of this property?

This property features: 2,920‑square‑foot brick commercial building; Vacant storefront property; Parking available at the front and rear of the building