Auto Shop with Detached
New
For Sale
$300,000
4420 Lobelia Road, Vass, NC 28394
Commercial Sale, Vass, NC
Property Size1,984 SF
Lot Size0.34 Acres
Price / SF$151.21
Days on Market2
Property Features for 4420 Lobelia Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-1
Subdivision
Not In Subdivision
Directions
From Southern Pines, US 1 N. Take the NC-690 exit. Turn right. Go 7.3 miles; the property will be on your right.
Standard status
Active
APN
00044647
Size
1,984 SF
Lot size
0.34 Acres
Additional Details
Real Estate Included
Yes
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
2024
Tax Description
RES & STORE
Tax Annual Amount
366
Legal Description
RES & STORE
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Space Heater, Propane (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Well
Amenities
living quarters
Building Details
Year built
1960
Flooring type
Concrete, Lvt/lvp
Building materials
Block
Roof type
Metal
Buildings
2
Listing Agency:
Keller Williams Pinehurst · Keller Williams Realty
(910) 692-5553
Listed By:
Angela Thompson Group · License #269056
(910) 420-4067
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 6:06PM
MLS# 100613461
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.
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Investment Insights
Based on property information with market context.
This 1,984-square-foot auto shop sits on a 0.34-acre parcel and includes retail or office space plus a one-bedroom living area. A detached two-bay garage adds an automotive lift and an overhead door with extra height. The 1960 building has block construction, metal roofing, and LVT/LVP and concrete flooring. Heating is provided by propane and space heaters; cooling is by window or wall/window units.
The property is zoned B-1. Water is available, with a well as the water source and a septic tank for wastewater. The separate garage and mixed interior areas provide distinct spaces for automotive work and customer-facing or office functions.
The property is zoned B-1. Water is available, with a well as the water source and a septic tank for wastewater. The separate garage and mixed interior areas provide distinct spaces for automotive work and customer-facing or office functions.
Key Highlights
- 1,984‑square‑foot building on a 0.34‑acre parcel
- Detached two‑bay garage with automotive lift and one taller overhead door
- Interior includes retail or office areas and one‑bedroom living quarters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,281
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,620
$325.6K
Cap Rate 7%
$232,586
$232.6K
Cap Rate 9%
$180,900
$180.9K
Market Conditions
NOI Build-Up for 1,984 SF
Gross rent
$27.9K $14.04/SF
− Vacancy
−$4.6K −$2.32/SF
EGI
$23.3K $11.72/SF
− OpEx
−$7.0K −$3.52/SF
NOI
$16.3K $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%
$325,620
Cap Rate 7%
$232,586
Cap Rate 9%
$180,900
Alternative Uses
Best Use
Retail
$232.6K
$203.5K – $271.4K
NOI $16,281 @ 7.0% cap · market cap 5.43%
Second Best
Industrial
$170.3K
$149.1K – $198.7K
NOI $11,924 @ 7.0% cap · market cap 3.97%
Theoretical Best
Specialty Retail
$378.0K
$330.8K – $441.1K
NOI $26,463 @ 7.0% cap · market cap 8.82%
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
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Current Use
Lease Details
2
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,675 visits/mo
0.2 miles
Demographics for 28394, NC
5,559
Population
2,383
Households
2.3
Avg Household Size
40
Median Age
35%
College-Educated
86%
High-School Grad
41.3 sq mi
ZIP Area
135
Density / Sq Mi
$87,407
Median Household Income
$41,213
Median Earnings
$1,130
Median Rent
$275,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Gibson's Auto Body & Paint — 1040 McPherson Rd, Vass, NC 28394
Frequently Asked Questions
What type of property is this?
Auto shop - B-1 zoning and a separate service garage complement the building’s retail and office areas.
Where is this auto shop located?
The property is located at 4420 Lobelia Road Vass, NC.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,984‑square‑foot building on a 0.34‑acre parcel; Detached two‑bay garage with automotive lift and one taller overhead door; Interior includes retail or office areas and one‑bedroom living quarters
