Building Details

Building Size 1,576 SF

Year Built 1970

Listing Agency: FRANKLIN JOHNSON COMMERCIAL REAL ESTATE i***@franklinjohnsoncommercial.com Show Phone

Listed By: ALI ALHUBISHI · License #360744 Show Phone

Source: Dwellraleigh

Added: Oct 16 Changed: Oct 29 Last Checked: Oct 29 at 6:24PM

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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 FRANKLIN JOHNSON COMMERCIAL REAL ESTATE

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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 gas station and convenience store was built in 1970. The existing fuel pumps and tanks need replacement, a key consideration for the property's next operator or owner.

Direct access is available from E. 2nd Street. The property is offered for sale or lease on an NNN basis.

Key Highlights

• Gas station with convenience store
• Built in 1970
• Existing fuel pumps and tanks need replacement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$24,867

Cap Rate

8.29%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$497,340 $497.3K

Cap Rate 7%

$355,243 $355.2K

Cap Rate 9%

$276,300 $276.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,576 SF

Gross rent

$34.0K $21.60/SF

− Vacancy

−$885 −$0.56/SF

EGI

$33.2K $21.04/SF

− OpEx

−$8.3K −$5.26/SF

NOI

$24.9K $15.78/SF

Area

Robeson County, NC

Vacancy

2.60%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$497,340

Cap Rate 7%

$355,243

Cap Rate 9%

$276,300

Alternative Uses

Best Use

Specialty Retail

$355.2K

$310.8K – $414.5K (±1% cap)

NOI $24,867 @ 7.0% cap · market cap 8.29%

Second Best

Industrial

$352.5K

$308.5K – $411.3K (±1% cap)

NOI $24,676 @ 7.0% cap · market cap 8.23%

Theoretical Best

Office A

$434.4K

$380.1K – $506.8K (±1% cap)

NOI $30,410 @ 7.0% cap · market cap 10.14%

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

Gas stations

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply HVAC Service Plumbing Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

316

Businesses Nearby

52k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 49% Groceries 25% Dining 25%

Piggly Wiggly Groceries

8,948 visits/mo 0.4 miles

Hardee's Dining

7,607 visits/mo 0.4 miles

Dollar General Shops & Services

7,108 visits/mo 0.3 miles

Sunoco Shops & Services

5,610 visits/mo 0.4 miles

Family Dollar Shops & Services

4,827 visits/mo 0.4 miles

Demographics for 28384, NC

11,160

Population

4,196

Households

2.7

Avg Household Size

40

Median Age

12%

College-Educated

76%

High-School Grad

101.4 sq mi

ZIP Area

110

Density / Sq Mi

$48,045

Median Household Income

$35,442

Median Earnings

$808

Median Rent

$92,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Gas station - Fuel pumps and tanks require replacement.

Where is this gas station located?

The property is located at 801 E Second Street Saint Pauls, NC.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: Gas station with convenience store; Built in 1970; Existing fuel pumps and tanks need replacement