Recently Renovated Office
734 Court St, Jacksonville, NC 28540
For Sale
Contact for pricing
Recently renovated office building with lobby, reception, seven offices, break room, and one bathroom.
Property Size1,742 SF
Price / SF$149.25
Days on Market108
Property Features for 734 Court St
General Information
Standard status
Size
Property subtype
Listing Agency:
Nest Realty
(910) 550-2788
Listed By:
Eric Knight · License NC #278908
(910) 367-2253
Source:
Moodyscre
Added: Jul 26
Changed: Nov 6
Last Checked: Nov 10 at 6:07AM
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 Nest Realty
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Investment Insights
Based on property information with market context.
This well-appointed, recently renovated office building includes a lobby and reception area, seven private offices, a break room, and one bathroom. The current tenant has occupied the space for a number of years and is currently month-to-month, with willingness to sign a multi-year lease with a new owner.
The building is located across the street from the Onslow County Courts complex, offering an established professional setting.
Showings are available by appointment only, and instructions are in place to not disturb the tenant.
The building is located across the street from the Onslow County Courts complex, offering an established professional setting.
Showings are available by appointment only, and instructions are in place to not disturb the tenant.
Key Highlights
- Recently renovated office building across the street from the Onslow County Courts complex
- Building includes a lobby and reception area
- Offers seven offices plus a break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,989
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,780
$399.8K
Cap Rate 7%
$285,557
$285.6K
Cap Rate 9%
$222,100
$222.1K
Market Conditions
NOI Build-Up for 1,742 SF
Gross rent
$31.4K $18.00/SF
− Vacancy
−$4.7K −$2.70/SF
EGI
$26.7K $15.30/SF
− OpEx
−$6.7K −$3.82/SF
NOI
$20.0K $11.48/SF
Area
Onslow County, NC
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,780
Cap Rate 7%
$285,557
Cap Rate 9%
$222,100
Alternative Uses
Best Use
Office B
$285.6K
$249.9K – $333.2K
NOI $19,989 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$378.4K
$331.1K – $441.5K
NOI $26,490 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
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Business Placement
Demographics for 28540, NC
49,739
Population
21,466
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
92%
High-School Grad
110.3 sq mi
ZIP Area
451
Density / Sq Mi
$61,462
Median Household Income
$32,313
Median Earnings
$1,014
Median Rent
$201,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Jacksonville, NC
Properties on Market for Office buildings in Jacksonville
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Recently renovated office building with lobby, reception, seven offices, break room, and one bathroom.
Where is this office building located?
The property is located at 734 Court St Jacksonville, NC.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Recently renovated office building across the street from the Onslow County Courts complex; Building includes a lobby and reception area; Offers seven offices plus a break room
