7010 Doral Drive, Tobaccoville, NC 27050

Building Details

Year Built 1960 More

Listing Agency: KENT HUNTER REALTY LLC Show Phone

Listed By: KENT HUNTER · License #268274

Source: Corcoran

Added: Mar 19 Changed: Sep 3 Last Checked: Aug 14 at 6:04AM

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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 KENT HUNTER REALTY LLC

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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 982 square foot flex-space is available for sale or lease. The property is suitable for a variety of businesses and benefits from a location with high traffic, making it suitable for both office and retail uses.

Key Highlights

• 982sf Flex‑Space suitable for Retail or Office use
• High‑traffic location ideal for business visibility
• Suitable for many different types of businesses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$9,943

Cap Rate

3.90%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$198,860 $198.9K

Cap Rate 7%

$142,043 $142.0K

Cap Rate 9%

$110,478 $110.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 982 SF

Gross rent

$17.7K $18.00/SF

− Vacancy

−$1.8K −$1.80/SF

EGI

$15.9K $16.20/SF

− OpEx

−$6.0K −$6.07/SF

NOI

$9.9K $10.13/SF

Area

Forsyth County, NC

Vacancy

10.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$198,860

Cap Rate 7%

$142,043

Cap Rate 9%

$110,478

Alternative Uses

Best Use

Mixed Use

$142.0K

$124.3K – $165.7K (±1% cap)

NOI $9,943 @ 7.0% cap · market cap 3.90%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$253.7K

$222.0K – $296.0K (±1% cap)

NOI $17,758 @ 7.0% cap · market cap 6.96%

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

Mixed-use properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Plumbing Service Catering Service Electrical Service Pet 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.

Location Intelligence

Trade Area within ½ mile

31

Businesses Nearby

Explore this area Business Placement

Demographics for 27050, NC

3,929

Population

1,729

Households

2.3

Avg Household Size

46

Median Age

22%

College-Educated

86%

High-School Grad

25.0 sq mi

ZIP Area

157

Density / Sq Mi

$85,820

Median Household Income

$45,446

Median Earnings

$856

Median Rent

$185,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Mixed-use property - 982 SF flex-space suitable for retail or office use.

Where is this mixed-use property located?

The property is located at 7010 Doral Drive Tobaccoville, NC.

What is the asking price?

The asking price for this property is $255,000.

What are key features of this property?

This property features: 982sf Flex‑Space suitable for Retail or Office use; High‑traffic location ideal for business visibility; Suitable for many different types of businesses