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    112 Pollock St Selma, NC 27576

    Sponsored
    For Lease
    $84 SF/Yr

    Historic Selma retail, restaurant, showroom spaces available.

    Lot size:
    23,685 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents four available spaces within the 23,685 square foot 112 Exchange building, a former Pepsi bottling plant in historic downtown Selma, North Carolina. Located in Johnston County, one of North Carolina's fastest-growing areas, this prime location boasts high visibility and traffic, exceeding 18,000 cars daily. The brick building offers a unique blend of character and modern potential, perfect for a variety of retail, restaurant, or showroom uses. Spaces range from a minimum of 2,242 square feet to a maximum contiguous space of 10,036 square feet, providing flexibility for businesses of various sizes. Currently, 19,589 square feet are vacant, presenting a significant opportunity for immediate occupancy. The property's strategic location is a key advantage, situated within a half-mile of I-95 and within one mile of the Carolina Premium Outlets, ensuring high exposure and accessibility. Furthermore, its proximity to the Amtrak train terminal adds another layer of convenience and accessibility. This is an unparalleled chance to establish a presence in a thriving community with exceptional visibility and convenient access to major transportation arteries. The building's history and unique character offer a distinct advantage in attracting customers and establishing a strong brand identity.

    Property Features for 112 Pollock St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,685 SF
    Total Rate
    165795

    Unit(s) available at that property

    Space
    Restaurant/Brewery
    Size
    3,340 SF
    Rate per SF
    $240
    Space
    SHOWROOM
    Size
    10,036 SF
    Rate per SF
    $120
    Space
    Climate Control Warehouse Storage Area 2
    Size
    3,971 SF
    Rate per SF
    $120
    Space
    Retail | Cafe | Boutique Store
    Size
    2,242 SF
    Rate per SF
    $240

    HighLights

    • Retail/Special Purpose property totaling 23,685 square feet.
    • Four suites available, ranging from 2,242 to 10,036 contiguous square feet.
    • 19,589 square feet currently vacant.
    • Located in rapidly growing Johnston County, NC, near I‑95 and the Carolina Premium Outlets.
    Property Profile Location Intelligence

    Current Use by Public Records

    Itzell's Antiques Store Raleigh General Store General Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.2852531
    Latitude
    35.5359506

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      Downtown Princeton Storefront Office/Retail Space

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    Nearby Similar for Lease

    • $3,400 /Mo
      2,504 SF

      Downtown Selma Retail Space Available

      Retail space in downtown Selma, suitable for various businesses.
      109 S Raiford St, Selma, NC 27576
      View Details
    • Contact for pricing
      609,540 SF

      I-42 Commerce Center: Selma, NC

      Class A Warehouse Space Available
      Interchange Baugh Rd At The Us 70 & Buffalo Rd, Selma, NC 27576
      View Details
    • Contact for pricing
      15,400 SF

      Flowers Crossroads Retail Space

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      View Details

    FAQs

    What type of property is this?
    Restaurant - Historic Selma retail, restaurant, showroom spaces available.
    Where is this restaurant located?
    The property is located at 112 Pollock St Selma, NC.
    What is the lease rate?
    The lease rate is $120-$240 SF/Yr.
    What are key features of this property?
    This property features: Retail/Special Purpose property totaling 23,685 square feet.; Four suites available, ranging from 2,242 to 10,036 contiguous square feet.; 19,589 square feet currently vacant.
    Request Owner's contact information
    112 Pollock St Selma, NC 27576
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    Selma, NC 27576
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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
    112 Pollock St Selma, NC 27576
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