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Fenced Flex Space with Stadium View

900 Douglas St S, Wilson, NC 27893

For Sale
$215,000
Pending

Commercial Sale, Wilson, NC

Property Size3,000 SF
Lot Size0.27 Acres
Days on Market244

Property Features for 900 Douglas St S

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Rooms Basement
Fencing Fenced
Accessibility Accessible Approach with Ramp
Standard status Pending
APN 3721072429.000
Size 3,000 SF
Lot size 0.27 Acres

Additional Details

Property Use Industrial warehouse

Taxes and HOA fees

Tax Year 2026
Tax Description 900 DOUGLAS ST S L7L8 GIBBONS LD 1.00LT
Tax Annual Amount 72426
Legal Description 900 DOUGLAS ST S L7L8 GIBBONS LD 1.00LT

Amenities

Walking distance to new Wilson baseball stadium
Direct view of stadium

Building Details

Year built 1964
Listing Agency: EXP Realty LLC
Listed By: Amaree Leak
Added: Mar 12 Changed: Nov 2 Last Checked: Nov 10 at 2:06AM
MLS# 10152428

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This flex property includes an approximately 3,000-square-foot industrial structure on a 0.27-acre lot. The improvements date to 1964 and include a basement, fenced grounds, and an accessible approach with ramp. Commercial zoning supports the property’s established commercial classification.

The site is within the city limits of Wilson, NC, and is within walking distance of the Wilson baseball stadium. The building also has a direct view of the stadium, providing a distinctive connection to a nearby public attraction.

Key Highlights

  • Approximately 3,000 sq ft industrial structure
  • 0.27‑acre lot with fenced grounds
  • Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,546
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,920 $330.9K
Cap Rate 7%
$236,371 $236.4K
Cap Rate 9%
$183,844 $183.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$24.1K $8.04/SF
− Vacancy
−$482 −$0.16/SF
EGI
$23.6K $7.88/SF
− OpEx
−$7.1K −$2.36/SF
NOI
$16.5K $5.52/SF
Area
Wilson County, NC
Vacancy
2.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,920
Cap Rate 7%
$236,371
Cap Rate 9%
$183,844

Alternative Uses

Best Use
Mixed Use
$424.3K
$371.3K – $495.0K (±1% cap)
NOI $29,700 @ 7.0% cap · market cap 13.81%
Second Best
Flex RnD
$376.1K
$329.1K – $438.8K (±1% cap)
NOI $26,325 @ 7.0% cap · market cap 12.24%
Theoretical Best
Office A
$720.0K
$630.0K – $840.1K (±1% cap)
NOI $50,403 @ 7.0% cap · market cap 23.44%
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

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic HVAC Service Plumbing Service Computer & Electronic Repair

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

487
Businesses Nearby
Balanced
Demand for This Use

Demographics for 27893, NC

37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Howell's Unique Catering Services — Wilson, NC 27893, United States
  • MoonRunners Food Truck — 217 South St S, Wilson, NC 27893, United States

Frequently Asked Questions

What type of property is this?
Flex space - Commercial flex space with fenced grounds, ramp access, basement storage, and a direct view of the baseball stadium.
Where is this flex space located?
The property is located at 900 Douglas St S Wilson, NC.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Approximately 3,000 sq ft industrial structure; 0.27‑acre lot with fenced grounds; Commercial zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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