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    900 Spence Ave Goldsboro, NC 27534

    Sponsored
    For Lease
    $24 SF/Yr ($10,710 /Mo)

    High-visibility retail space in prime location.

    Lot size:
    5,355 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 5,355 square foot retail property, located at 900 N. Spence Avenue in Goldsboro, North Carolina, presents a compelling investment opportunity. Built in 1999, the Class B property is situated at the intersection of N. Spence Avenue and US-70, offering exceptional visibility and accessibility. A full-service traffic light at the main entrance ensures high traffic flow and convenient access for customers. The property currently features multiple tenants and includes 1,360 square feet of vacant space, ideal for a variety of retail uses. The available space totals 2,400 square feet. This location is part of Wayne County's thriving retail hub, benefiting from its proximity to Seymour Johnson Air Force Base and rapidly growing suburban areas. The property's strategic location and ample space make it an attractive option for businesses seeking high visibility and convenient access to a substantial customer base. The property is categorized as a storefront, strip center, and community center, offering versatility for potential tenants. The property is located in Wayne County, North Carolina, with a zip code of 27534.

    Property Features for 900 Spence Ave

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,355 SF
    Class
    B
    Total Rate
    10710

    Building Details

    Year Built
    1999

    Unit(s) available at that property

    Space
    Suite 18
    Size
    2,400 SF
    Rate per SF
    $24

    HighLights

    • Strong tenant sales performance, with multiple tenants exceeding base rent through percentage rent clauses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Exxon Gas Station bp Gas Station Spence Market Convenience Store ATM (Spence Market) Atm Platinum Smoke Shop Smoke Shop

    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
    -77.9475849
    Latitude
    35.3846032

    Nearby Comparable

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      Goldsboro Retail Space Available

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    Nearby Similar for Lease

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      Wayne Medical Pavilion Office Space

      Office space for lease in Wayne Medical Pavilion.
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      Prime Medical Office Suite B

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      Medical Office Space in Goldsboro

      First-generation office space in Goldsboro's Medical District.
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      Located on a major commercial corridor near national retailers.
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      Single-tenant office, 1,622 sq ft available
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      Medical office space available near UNC Health Wayne.
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      Goldsboro Retail Space Available

      Prime Retail Space, 7,500 SF Vacant
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    • $62 SF/Yr
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      Goldsboro Creative Office Space

      Modern renovated office suites available.
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    FAQs

    What type of property is this?
    Community center - High-visibility retail space in prime location.
    Where is this community center located?
    The property is located at 900 Spence Ave Goldsboro, NC.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Strong tenant sales performance, with multiple tenants exceeding base rent through percentage rent clauses.; ;
    Request Owner's contact information
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    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
    900 Spence Ave Goldsboro, NC 27534
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