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    117 Vance St Zebulon, NC 27597

    Sponsored
    For Sale
    $595,000

    Historic building, 6,498 sq ft, vacant.

    Property size:
    6,498 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,498-square-foot storefront property, located at 117 W Vance St in downtown Zebulon, North Carolina, presents a unique investment opportunity. The building, constructed in 1919, boasts a prominent location within the heart of Zebulon's commercial district. Currently vacant, this owner-user property offers significant potential for a variety of retail businesses. The building's solid brick construction reflects its enduring character and quality. The property sits on a 0.14-acre lot and is zoned DTC (Downtown Core), allowing for a range of commercial uses. With a total asking price of $595,000, this translates to a price per square foot of $91.57. The property's Property Identification Number (PIN) is 2705345392. This prime location offers excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a well-established space in a thriving community. The property's history and location combine to create a compelling investment opportunity in a rapidly growing area of Wake County. Serious inquiries are encouraged.

    Property Features for 117 Vance St

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,498 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1919

    HighLights

    • PIN: 2705345392
    • 6,498 square foot building
    • 0.14‑acre lot
    • Downtown Core zoning
    • 1919 construction
    • $595,000 sale price ($91.57 per square foot)
    Property Profile 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
    -78.31336244
    Latitude
    35.8209516

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    FAQs

    What type of property is this?
    Individual retail property - Historic building, 6,498 sq ft, vacant.
    Where is this individual retail property located?
    The property is located at 117 Vance St Zebulon, NC.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: PIN: 2705345392; 6,498 square foot building; 0.14-acre lot
    Request Owner's contact information
    117 Vance St Zebulon, NC 27597
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    Zebulon, NC 27597
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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
    117 Vance St Zebulon, NC 27597
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