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    1399 Washington St Williamston, NC 27892

    For Sale
    $495,000

    1.3-Acre Lot, Williamston, NC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.33-acre commercial lot is ideally situated on Highway 17 in Williamston, North Carolina, offering unparalleled visibility and access. The property, with APN 5766-34-2760, boasts approximately 200 feet of road frontage, providing ample space for a variety of commercial developments. Its location within a thriving business district ensures a strong foundation for growth and collaboration. Utilities, water, and electricity connections are readily available nearby, simplifying the development process. The asking price is $495,000, and the sale is structured for a 1031 exchange. This versatile lot is perfect for retail, restaurants, or office complexes, presenting a unique opportunity for businesses seeking high-traffic exposure in a prime location. The property is zoned commercial and offers significant potential for immediate development. The sale includes ownership at closing. This is a rare opportunity to acquire a prominent commercial property in a rapidly growing area of Martin County, NC, with a zip code of 27892. The address is 1399 Washington St, Williamston, NC.

    Property Features for 1399 Washington St

    General Information

    Property type
    Land
    Lot Size
    57,935 SF

    HighLights

    • 1.33‑acre commercial lot on Hwy 17 in Williamston, NC, offering high visibility and traffic.
    • Approximately 200 feet of road frontage, suitable for various commercial developments.
    • Zoned commercial, with utilities readily available.
    • $495,000 asking price, 1031 exchange available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williamston
    County
    Martin
    State
    North Carolina
    Longitude
    -77.065294
    Latitude
    35.835979

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    FAQs

    What type of property is this?
    Land - 1.3-Acre Lot, Williamston, NC
    Where is this land located?
    The property is located at 1399 Washington St Williamston, NC.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 1.33-acre commercial lot on Hwy 17 in Williamston, NC, offering high visibility and traffic.; Approximately 200 feet of road frontage, suitable for various commercial developments.; Zoned commercial, with utilities readily available.
    (252) 623-2060
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    1399 Washington St Williamston, NC 27892
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    Williamston, NC 27892
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1399 Washington St Williamston, NC 27892
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