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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

106 Arendell Ave Zebulon, NC 27597

2,500 SF 0.04 ac lot Built 1920
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property at 106-108 N Arendell Ave in Zebulon, NC, presents a unique investment opportunity. Priced at $600,000, this 2,500 square foot building offers a blend of retail and office space, perfect for an owner-user. Built in 1920 and renovated in 1980, the property is fully compliant with current codes and ready for immediate occupancy. The building features a ground-level retail space of 1,250 square feet, currently leased for $2,000 per month, and a fully built-out 1,250 square foot second-floor office. The convenient downtown location in Wake County (zip code 27597) provides easy walkability to local restaurants and bars. Situated on a 0.04-acre lot, the property is zoned DTC and boasts a two-story design. The APN is 2705347686. This turnkey opportunity combines immediate income generation with versatile office space, making it an attractive investment in a thriving community. The price per square foot is $240.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1920
Total area 2,500 SF
Lot 0.04 ac (1,742 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Germano Architecture + Interiors Architect
  • Z:Work Downtown Coworking & Hybrid Office
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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