500 Julius Chambers Ave, Mount Gilead, NC 27306
This exceptional 0.92-acre commercial property at 500 Julius Chambers Avenue N in Mount Gilead, North Carolina, presents a unique investment opportunity. Boasting 1,860 square feet of space, the property is currently configured as a retail location, stocked with inventory (available for purchase separately). The building features easy entry and exit, with no steps, making it accessible and convenient. Its versatile design and location offer a multitude of potential uses, including but not limited to retail, food service (food truck compatible), farm produce sales, medical or dental offices, hair salon, vape or smoke shop, pawn shop, or even a breakfast restaurant. Alternatively, with necessary permits and modifications, the property could be converted into residential use, such as a single-family home, townhouses, or condominiums. Situated on a lot with approximately 289 feet of road frontage along Highway 109, this property benefits from high traffic counts, ensuring excellent visibility and accessibility. The asking price is $179,000. This is a rare chance to acquire a well-located property with significant potential in a growing area. Don't miss this opportunity to own a piece of Mount Gilead's commercial landscape. The zip code is 27306.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.