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    907 Lejeune Blvd Jacksonville, NC 28540

    For Sale
    $459,000

    Renovated, multi-tenant office building, 6.8% cap rate.

    Property size:
    3,789 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a fully leased, two-story office building situated at 907 Lejeune Blvd, Jacksonville, NC 28540. The 3,789 square foot building, constructed in 1966 and extensively renovated in 2022, boasts a desirable Class C rating and sits on a 2.43-acre lot (APN: 437611674486). Recent upgrades include a new roof (2021), new HVAC units, stylish epoxy flooring, and updated bathrooms. The property is currently operating under a gross lease structure with multiple tenants, providing a stable income stream. The asking price is $459,000, translating to a compelling $121.14 per square foot. Benefiting from its location in an Opportunity Zone and the thriving commercial hub of Onslow County, this property enjoys proximity to major military installations, including Marine Corps Base Camp Lejeune and Marine Corps Air Station New River, serving a combined population exceeding 262,000. The property is zoned CC and offers significant potential for future growth and increased cap rate through lease renegotiations. This stabilized investment presents a rare opportunity to acquire a high-performing asset in a dynamic market.

    Property Features for 907 Lejeune Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,789 SF
    Class
    C
    Lot Size
    105,851 SF

    Building Details

    Year Built/Renovated
    1966/2022
    Buildings
    1
    Stories
    2

    HighLights

    • Fully leased office building with strong tenant occupancy and renewal options.
    • Located in a designated Opportunity Zone, offering potential tax advantages.
    • Recently renovated in 2022, including new HVAC, epoxy flooring, and downstairs restrooms; new roof installed in 2021.
    • Current cap rate of 6.8%, with potential for increased cap rate through lease renegotiation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    WAVQ Radio Broadcaster Access Onslow Internet Marketing Service Carolina Museum of the Marine Non-Profit Organization Museum of the Marine Office Museum

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage 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
    Jacksonville
    County
    Onslow
    State
    North Carolina
    Longitude
    -77.4140247
    Latitude
    34.7490267

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    FAQs

    What type of property is this?
    Office Property / Space - Renovated, multi-tenant office building, 6.8% cap rate.
    Where is this office property / space located?
    The property is located at 907 Lejeune Blvd Jacksonville, NC.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: Fully leased office building with strong tenant occupancy and renewal options.; Located in a designated Opportunity Zone, offering potential tax advantages.; Recently renovated in 2022, including new HVAC, epoxy flooring, and downstairs restrooms; new roof installed in 2021.
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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
    907 Lejeune Blvd Jacksonville, NC 28540
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