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Recently Renovated Office Building
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734 Court St, Jacksonville, NC 28540

Recently renovated office building with lobby, reception, seven offices, break room, and one bathroom.

Property Size1,742 SF
Price / SF$149.25
Days on Market8

Property Features for 734 Court St

General Information

Standard status Active
Size 1,742 SF
Property subtype OFFICE
Listing Agency: Nest Realty
Listed By: Eric Knight · License #278908
Source: Moodyscre
Added: Jul 26 Changed: Jul 27 Last Checked: Aug 1 at 2:20PM

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

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.

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 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 $31.4k $18.00
− Vacancy −$4.7k −$2.70
EGI $26.7k $15.30
− OpEx −$6.7k −$3.82
NOI $20.0k $11.48
1,742 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$285.6K
$249.9K – $333.2K (±1% cap)
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 (±1% cap)
NOI $26,490 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Just Relax Body ... Medical Clinic

Suggested Use

Top Pick Dental Office Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Storage Facility

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

775
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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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
(910) 367-2253 Call to check price and availability
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