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    124 Vance St Zebulon, NC 27597

    Sponsored
    For Sale
    $550,000

    6,350 SF Retail Space - $550,000

    Property size:
    6,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,350-square-foot storefront property, located at 124 W Vance Street in the heart of Zebulon, North Carolina, presents a unique owner/user investment opportunity. The Class B building boasts a desirable Downtown Core zoning designation within Wake County (27597 zip code). The single-tenant space features a convenient drive-in door, perfect for loading and unloading, along with two offices, a dedicated conference room, and multiple bathrooms. A sizable second-floor mezzanine provides ample additional storage space, enhancing the building's functionality. Priced at $550,000, or $86.61 per square foot, this property is ideally suited for a contracting business requiring both office and showroom space. Its prime location, just two blocks from North Arendell Avenue, ensures high visibility and accessibility. The brick building offers a classic aesthetic and durable construction. This is a rare chance to acquire a well-appointed commercial space in a thriving downtown area. The property's features and zoning make it suitable for a variety of retail uses. Don't miss this chance to own a piece of Zebulon's vibrant commercial landscape.

    Property Features for 124 Vance St

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,350 SF
    Class
    B

    HighLights

    • 6,350 SF building.
    • Drive‑in door, two offices, conference room, restrooms.
    • Second‑floor mezzanine storage.
    • Downtown Core zoning (Zebulon).
    • Excellent for contractor needing office/showroom space.
    Property Profile Location Intelligence

    Current Use by Public Records

    First Choice Concrete, ... Concrete Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.313700911682
    Latitude
    35.820810549962

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    FAQs

    What type of property is this?
    Individual retail property - 6,350 SF Retail Space - $550,000
    Where is this individual retail property located?
    The property is located at 124 Vance St Zebulon, NC.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 6,350 SF building.; Drive-in door, two offices, conference room, restrooms.; Second-floor mezzanine storage.
    Request Owner's contact information
    124 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
    124 Vance St Zebulon, NC 27597
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