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    1002 Spence Ave Goldsboro, NC 27534

    Sponsored
    For Sale
    $5,300,000
    Property size:
    120,754 SF
    Added:
    Dec 11, 2024
    Days on Market:
    391

    Property Features for 1002 Spence Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    120,754 SF
    Lot Size
    362,419 SF

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    1

    HighLights

    • 120,000 square feet available for lease.
    • Over $90 million in annual store sales.
    • Ample parking provided by the landlord.
    • High‑visibility Walmart location on Spence Avenue, with over 20,000 vehicles per day and multiple access points.
    • Strong surrounding demographics including the Goldsboro YMCA, Hampton Inn, Best Western, Bryan Multi‑Sport complex, and Mayroad Community Offices.
    • Walmart's long‑term commitment, occupying the space since 2008.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coinstar Money Transfer Service Woodforest National Bank ... Atm Walmart Bakery Bakery MoneyGram Money Transfer Service Walmart Baby & Nursery ... Family Service Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Goldsboro
    County
    Wayne
    State
    North Carolina
    Longitude
    -77.9454876
    Latitude
    35.3862915

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    FAQs

    Where is this lifestyle center located?
    The property is located at 1002 Spence Ave Goldsboro, NC.
    What is the asking price?
    The asking price for this property is $5,300,000.
    What are key features of this property?
    This property features: 120,000 square feet available for lease.; Over $90 million in annual store sales.; Ample parking provided by the landlord.
    Request Owner's contact information
    1002 Spence Ave Goldsboro, NC 27534
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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
    1002 Spence Ave Goldsboro, NC 27534
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