Brick Storefront
4303 7 Lakes Plz, West End, NC
For Sale
$549,000
Vacant commercial space with a flexible interior and parking at both the front and rear.
Property Size2,900 SF
Price / SF$189.31
Days on Market54
Property Features for 4303 7 Lakes Plz
General Information
Standard status
Size
Additional Details
Asking Price
Highway Access
Amenities
front and rear parking
Building Details
Buildings
Construction
Owner Occupied
Listing Agency:
Carolina Property Sales
(910) 695-0001
Listed By:
Justin Mace · License NC #344955
(910) 690-9561
Source:
Exprealty
Added: Sep 18
Changed: Oct 25
Last Checked: Nov 8 at 6:31AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 4303 7 Lakes Plz in West End, this vacant brick storefront building offers 2,900+ square feet of flexible commercial space. The open interior can accommodate retail, showroom, professional office, or other commercial concepts supported by the property’s storefront format.
Parking is available at both the front and rear of the building, providing convenient access for customers, clients, and employees. The property is adjacent to NC Highway 211 and sits within an established commercial area with direct access to the highway. Its current vacant condition allows an owner or occupant to configure the space for a new business operation.
Parking is available at both the front and rear of the building, providing convenient access for customers, clients, and employees. The property is adjacent to NC Highway 211 and sits within an established commercial area with direct access to the highway. Its current vacant condition allows an owner or occupant to configure the space for a new business operation.
Key Highlights
- 2, 900+ sq. ft. brick commercial building
- Vacant interior ready for a new commercial use
- Parking located at the front and rear of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,799
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,980
$476.0K
Cap Rate 7%
$339,986
$340.0K
Cap Rate 9%
$264,433
$264.4K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$40.7K $14.04/SF
− Vacancy
−$6.7K −$2.32/SF
EGI
$34.0K $11.72/SF
− OpEx
−$10.2K −$3.52/SF
NOI
$23.8K $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%
$475,980
Cap Rate 7%
$339,986
Cap Rate 9%
$264,433
Alternative Uses
Best Use
Retail
$340.0K
$297.5K – $396.7K
NOI $23,799 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$552.6K
$483.5K – $644.7K
NOI $38,681 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Vacant commercial space with a flexible interior and parking at both the front and rear.
Where is this storefront property located?
The property is located at 4303 7 Lakes Plz West End, 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, 900+ sq. ft. brick commercial building; Vacant interior ready for a new commercial use; Parking located at the front and rear of the building
