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    Property profile & analytics

    2602 Nc 41 Hwy Chinquapin, NC 28521

    • Commercial real estate
    • 5,800 SF
    • 12.74 lot acres
    For Sale
    View listing
    $129,900
    Value Estimation
    Location Intelligence
    Property ID
    US53-5276494
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2602 Nc 41 Hwy

    Year built
    1890
    Lot size
    12.74 lot acres
    Property size
    5,800 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 2602 NC 41 in Chinquapin, North Carolina, presents a significant investment opportunity. The property encompasses a substantial 12.74 acres of land, providing ample space for expansion, development, or outdoor operations. The existing building offers a generous 5,800 square feet of usable space, adaptable to a wide range of commercial ventures. Its versatile layout allows for customization to suit specific business needs. The property's strategic location along NC 41 ensures high visibility and convenient access for customers and employees. Given its size and location, this property is well-suited for businesses requiring significant space and prominent road frontage. The asking price of $129,900 represents exceptional value for a property of this scale and potential in the thriving Chinquapin market. This is a rare opportunity to acquire a substantial commercial property in a desirable location, offering significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities this property presents. The property is ready for immediate occupancy, allowing for a swift transition to begin operations. Don't miss this chance to secure a prime commercial asset in a growing area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chinquapin
    County
    Duplin
    State
    North Carolina
    Longitude
    -77.80834
    Latitude
    34.83065

    Comparable in this City

    • $1,510,870
      Pending

      Value-Add Mobile Home Parks

      Two mobile home parks with income enhancement opportunities.
      108 Smith Mhp Ln, Chinquapin, NC 28521
      View Details
    • $35,000
      0.60 Acres

      Chinquapin, NC Acreage for Sale

      0.60 acre lot suitable for a family home.
      111, Chinquapin, NC 28521
      View Details
    • $1,510,870
      Pending

      Value-Add Mobile Home Park Investment

      Two mobile home parks in Eastern North Carolina with income potential.
      109 Smiths Mhp Ln, Chinquapin, NC 28521
      View Details

    Similar Nearby for Sale

    • $1,510,870
      Pending

      Value-Add Mobile Home Parks

      Two mobile home parks with income enhancement opportunities.
      108 Smith Mhp Ln, Chinquapin, NC 28521
      View Details
    • $35,000
      0.60 Acres

      Chinquapin, NC Acreage for Sale

      0.60 acre lot suitable for a family home.
      111, Chinquapin, NC 28521
      View Details
    • $1,510,870
      Pending

      Value-Add Mobile Home Park Investment

      Two mobile home parks in Eastern North Carolina with income potential.
      109 Smiths Mhp Ln, Chinquapin, NC 28521
      View Details
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    Chinquapin, NC 28521
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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
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