Commercial Land Beside Shopping
For Sale
$449,000
549 E New Hope Rd, Goldsboro, NC 27534
GB zoning supports office, institutional, and retail uses.
Property Size1,242 SF
Price / SF$361.51
Days on Market60
Property Features for 549 E New Hope Rd
General Information
Standard status
Active
Size
1,242 SF
Building Details
Year Built
1959
Listing Agency:
Century 21 Triangle Group
Listed By:
Marguerite Greene · License #283390
(919) 219-9312
Source:
Tcrnc
Added: Aug 17
Changed: Oct 3
Last Checked: Oct 7 at 1:15PM
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 Century 21 Triangle Group
Investment Insights
Based on property information with market context.
This 0.60-acre commercial land parcel includes a 1,242-square-foot building constructed in 1959 and identified for tear-down redevelopment. The site is at 549 E New Hope Rd in Goldsboro and is next to a Food Lion Shopping Center.
GB zoning supports office, institutional, and retail uses, including medical offices, assisted living facilities, churches, daycare centers, schools, banks, restaurants, bakeries, salons, fitness centers, convenience stores, and automobile services. The permitted-use profile also accommodates clinics, nonprofit organizations, martial arts schools, and home services businesses.
GB zoning supports office, institutional, and retail uses, including medical offices, assisted living facilities, churches, daycare centers, schools, banks, restaurants, bakeries, salons, fitness centers, convenience stores, and automobile services. The permitted-use profile also accommodates clinics, nonprofit organizations, martial arts schools, and home services businesses.
Key Highlights
- 0.60‑acre commercial land parcel in Goldsboro
- Next to a Food Lion Shopping Center
- GB zoning allows office, institutional, and retail uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,242
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,840
$304.8K
Cap Rate 7%
$217,743
$217.7K
Cap Rate 9%
$169,356
$169.4K
Market Conditions
NOI Build-Up for 1,242 SF
Gross rent
$22.4K $18.00/SF
− Vacancy
−$581 −$0.47/SF
EGI
$21.8K $17.53/SF
− OpEx
−$6.5K −$5.26/SF
NOI
$15.2K $12.27/SF
Area
Wayne County, NC
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,840
Cap Rate 7%
$217,743
Cap Rate 9%
$169,356
Alternative Uses
Best Use
Retail
$217.7K
$190.5K – $254.0K
NOI $15,242 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$998.5K
$873.7K – $1.16M
NOI $69,897 @ 7.0% cap · market cap 15.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Shops & Services 37%
Food Lion Grocery Store
Groceries
19,754 visits/mo
0.1 miles
Speedway
Shops & Services
7,853 visits/mo
0.1 miles
Family Dollar
Shops & Services
3,777 visits/mo
0.2 miles
Demographics for 27534, NC
30,844
Population
15,158
Households
2
Avg Household Size
38
Median Age
29%
College-Educated
91%
High-School Grad
73.1 sq mi
ZIP Area
422
Density / Sq Mi
$59,950
Median Household Income
$39,686
Median Earnings
$1,106
Median Rent
$187,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Commercial land - GB zoning supports office, institutional, and retail uses.
Where is this commercial land located?
The property is located at 549 E New Hope Rd Goldsboro, NC.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 0.60‑acre commercial land parcel in Goldsboro; Next to a Food Lion Shopping Center; GB zoning allows office, institutional, and retail uses
