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Corner Gas Station Building
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900 E Ash Street, Goldsboro, NC 27530

Former service station on a fully signalized corner with three fuel tanks and a membrane roof replacement in 2023.

Property Size1,320 SF
Price / SF$132.58
Days on Market177

Property Features for 900 E Ash Street

General Information

Standard status Active
Size 1,320 SF
Property subtype Retail, Special Purpose
Zoning NB-Neighborhood Business
Investment Type Owner/User

Additional Details

Traffic Count 15,000 vehicles/day

Building Details

Construction concrete block
Listing Agency: Cox Construction and Properties
Listed By: Chris Cox, CCIM · License #NC
Source: Crexi
Added: May 7 Changed: Oct 25 Last Checked: Oct 28 at 8:23AM

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 Cox Construction and Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The Baker Property is a former service/gas station located at a fully signalized corner. The property includes a 1,320 SF concrete block building and three fuel tanks totaling two 5,000-gallon tanks and one 6,000-gallon tank. The flat roof membrane was replaced in 2023.

The site is described as having traffic counts exceeding 15,000 CPD, with visibility and easy access at the corner location.

Under City of Goldsboro, NC jurisdiction, the property is zoned NB–Neighborhood Business.

Key Highlights

  • Former service/gas station on a fully signalized corner at 900 E Ash Street, Goldsboro, NC
  • 1,320 SF concrete block building with three fuel tanks: two 5,000‑gallon tanks and one 6,000‑gallon tank
  • Flat roof membrane replaced in 2023

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,890
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,800 $117.8K
Cap Rate 7%
$84,143 $84.1K
Cap Rate 9%
$65,444 $65.4K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$9.0K $6.84/SF
− Vacancy
−$614 −$0.47/SF
EGI
$8.4K $6.37/SF
− OpEx
−$2.5K −$1.91/SF
NOI
$5.9K $4.46/SF
Area
Wayne County, NC
Vacancy
6.80%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,800
Cap Rate 7%
$84,143
Cap Rate 9%
$65,444

Alternative Uses

Best Use
Specialty Retail
$1.06M
$928.6K – $1.24M (±1% cap)
NOI $74,287 @ 7.0% cap · market cap 42.45%
Second Best
Retail
$231.4K
$202.5K – $270.0K (±1% cap)
NOI $16,200 @ 7.0% cap · market cap 9.26%
Theoretical Best
—
—
same as Best Use
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

Jack's Auto Repair Shop Resco Gas Station

Suggested Use

Top Pick Pharmacy Parking Lot & Garage Furniture & Home Goods Auto Parts Store Plumbing Service 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.

Lease Details

15,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Shops & Services 39% Dining 21%
Piggly Wiggly Groceries
8,777 visits/mo 0.1 miles
Speedway Shops & Services
8,127 visits/mo 0.4 miles
KFC Dining
4,691 visits/mo 0.2 miles
Jackson Hewitt Tax Service Shops & Services
442 visits/mo 0.1 miles

Demographics for 27530, NC

37,470
Population
17,796
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
89%
High-School Grad
106.5 sq mi
ZIP Area
352
Density / Sq Mi
$55,507
Median Household Income
$37,696
Median Earnings
$827
Median Rent
$176,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Gas station - Former service station on a fully signalized corner with three fuel tanks and a membrane roof replacement in 2023.
Where is this gas station located?
The property is located at 900 E Ash Street Goldsboro, NC.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Former service/gas station on a fully signalized corner at 900 E Ash Street, Goldsboro, NC; 1,320 SF concrete block building with three fuel tanks: two 5,000‑gallon tanks and one 6,000‑gallon tank; Flat roof membrane replaced in 2023
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