Retail and Medical Office
514 N Berkeley Boulevard Goldsboro, NC 27534
514 N Berkeley Boulevard, Goldsboro, NC, 27534
$725,000
For Sale
$725,000
For-sale space on a highly visible, highly traveled commercial corridor in Goldsboro.
Property Size1,950 SF
Price / SF$371.79
Days on Market142
Property Features for 514 N Berkeley Boulevard
General Information
- Standard status
- Active
- Size
- 1,950 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2009
Listing agency
The Firm NC
(919) 920-2609
Listed by
Robert Phillips · License #310043
(919) 920-2609
Source
Xome
Added: Mar 2 Updated: Jul 21 at 8:09PM Checked: Jul 21 at 8:09PM
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 The Firm NC
Investment Insights
Based on property information with market context.
Available for sale at 514 N Berkeley Boulevard in Goldsboro, this retail and office property is positioned for strong day-to-day visibility along a highly traveled corridor. The offering is suited to a range of uses described in the marketing materials, including retail, restaurant, medical, or franchise operations.
The location is near Seymour Johnson Air Force Base and the Berkeley Mall area, with major highway access for convenient customer reach. It is surrounded by established businesses, shopping, and residential neighborhoods, supporting consistent local and commuter traffic through the area.
The location is near Seymour Johnson Air Force Base and the Berkeley Mall area, with major highway access for convenient customer reach. It is surrounded by established businesses, shopping, and residential neighborhoods, supporting consistent local and commuter traffic through the area.
Key Highlights
- For‑sale commercial space at 514 N Berkeley Blvd in Goldsboro, NC.
- Zoned NB.
- Year built: 2009.
Local 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 | $42.1k | $21.60 |
| − Vacancy | −$8.3k | −$4.23 |
| EGI | $33.9k | $17.37 |
| − OpEx | −$8.5k | −$4.34 |
| NOI | $25.4k | $13.02 |
1,950 SF · lease $21.60/SF/yr · vacancy 19.60% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$1.11M
$971.2K – $1.29M
NOI $77,698 @ 7.0% cap · market cap 10.72%
Second Best
Office B
$362.8K
$317.5K – $423.3K
NOI $25,398 @ 7.0% cap · market cap 3.50%
Theoretical Best
Specialty Retail
$1.57M
$1.37M – $1.83M
NOI $109,742 @ 7.0% cap · market cap 15.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
We Fix It ...
Computer & Electronic Repair
Batteries Plus
Auto Parts Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - For-sale space on a highly visible, highly traveled commercial corridor in Goldsboro.
Where is this retail space located?
The property is located at 514 N Berkeley Boulevard Goldsboro, NC.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: For‑sale commercial space at 514 N Berkeley Blvd in Goldsboro, NC.; Zoned NB.; Year built: 2009.
