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    109 Vance St Zebulon, NC 27597

    For Sale
    $299,296

    Prime Retail Space, Vacant, High-Traffic Area

    Property size:
    3,184 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional investment opportunity: a vacant 3,184-square-foot storefront located at 109 W Vance St, Zebulon, NC 27597. This single-story, Class B building, constructed in 1919, boasts a brick exterior and sits on a 0.07-acre lot. The property features a mostly open floor plan ideal for various retail uses, supplemented by a convenient rear storage area. The asking price is $299,296, translating to $94 per square foot. Situated in Wake County's Downtown Core zoning district, this location offers excellent visibility and accessibility within a thriving commercial area. The property's parcel number (APN) is 2705346398. This presents a rare chance to acquire a well-positioned retail space in a high-growth area, ready for immediate occupancy and customization to suit your business needs. The building's historical character combined with its modern zoning potential makes it a unique and attractive investment. Don't miss this chance to secure a prominent presence in Zebulon's bustling downtown.

    Property Features for 109 Vance St

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,184 SF
    Class
    B
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1919
    Buildings
    1
    Stories
    1

    HighLights

    • PIN: 2705346398
    • Size: 3,184 square feet
    • Lot Size: 0.07 acres
    • Zoning: Downtown Core
    • Year Built: 1919
    • Sale Price: $299,296 ($94/SF)
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.31307321
    Latitude
    35.82108016

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, Vacant, High-Traffic Area
    Where is this individual retail property located?
    The property is located at 109 Vance St Zebulon, NC.
    What is the asking price?
    The asking price for this property is $299,296.
    What are key features of this property?
    This property features: PIN: 2705346398; Size: 3,184 square feet; Lot Size: 0.07 acres
    Request Owner's contact information
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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
    109 Vance St Zebulon, NC 27597
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