Executive Office Unit in Historic
95 Market Square, Pinehurst, NC 28374
For Sale
Contact for pricing
A compact office unit within Pinehurst’s Harvard Building, offering a professional setting for business operations.
Property Size700 SF
Price / SF$2.14
Days on Market114
Property Features for 95 Market Square
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Taproot Realty Group LLC
Listed By:
Blake Webb · License NC #284938
(910) 690-4986
Source:
Bradberrygarnerrealestate
Added: Jul 20
Changed: Oct 26
Last Checked: Oct 7 at 4:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taproot Realty Group LLC
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Investment Insights
Based on property information with market context.
The property comprises a 700-square-foot office unit in the Harvard Building, a structure completed in 1901. Its office configuration provides a professional setting for business use within an established commercial building.
Located at 95 Market Square in the Village of Pinehurst, North Carolina, the property places office space within the local Market Square setting.
Located at 95 Market Square in the Village of Pinehurst, North Carolina, the property places office space within the local Market Square setting.
Key Highlights
- 700‑square‑foot office unit
- Located in the Harvard Building
- Building completed in 1901
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,160
Suggested Prices Based on Cap Rates
Cap Rate 5%
$103,200
$103.2K
Cap Rate 7%
$73,714
$73.7K
Cap Rate 9%
$57,333
$57.3K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$19.7K $28.08/SF
− Vacancy
−$12.8K −$18.25/SF
EGI
$6.9K $9.83/SF
− OpEx
−$1.7K −$2.46/SF
NOI
$5.2K $7.37/SF
Area
Moore County, NC
Vacancy
65.00%
Lease Rate
$28.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$103,200
Cap Rate 7%
$73,714
Cap Rate 9%
$57,333
Alternative Uses
Best Use
Office B
$73.7K
$64.5K – $86.0K
NOI $5,160 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$133.4K
$116.7K – $155.6K
NOI $9,337 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
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Business Placement
Demographics for 28374, NC
18,818
Population
10,532
Households
1.8
Avg Household Size
57
Median Age
63%
College-Educated
98%
High-School Grad
21.0 sq mi
ZIP Area
896
Density / Sq Mi
$106,746
Median Household Income
$56,435
Median Earnings
$1,691
Median Rent
$440,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A compact office unit within Pinehurst’s Harvard Building, offering a professional setting for business operations.
Where is this office unit located?
The property is located at 95 Market Square Pinehurst, NC.
What are key features of this property?
This property features: 700‑square‑foot office unit; Located in the Harvard Building; Building completed in 1901
