0 Vance St Zebulon, NC 27597
This exceptional investment opportunity presents five buildings totaling 52,358 square feet in the rapidly growing town of Zebulon, North Carolina. Located on West Vance Street in the historic downtown area, this assemblage offers a unique blend of traditional brick and metal warehouse structures, presenting diverse redevelopment potential. The portfolio includes five distinct buildings, each with its own unique characteristics and asking price. One building, situated at 128-132 W Vance Street, encompasses 15,625 square feet on 0.76 acres, featuring a steel exterior and an open floor plan. Another, located at 120 & 124 W Vance Street, offers 9,000 square feet on 0.31 acres, with a brick exterior and a layout including a rear storage area. A third building, at 107-113 W Horton Street, comprises 8,017 square feet on 0.63 acres, boasting an open floor plan, storage space, and a rear roll-up door. The fourth building, a two-story structure at 116 W Vance Street, offers 13,716 square feet on 0.16 acres at a prominent corner location, ideal for adaptive reuse. This building is well-suited for various uses, including retail, multi-family, warehouse lofts, R&D, art studios, or co-working spaces. The entire portfolio is available for sale, or individual buildings can be purchased separately. The Town of Zebulon offers various incentives, including a Facade Improvement Grant Program and tax credits for historic property development. This assemblage represents a rare chance to acquire a significant footprint in a thriving downtown area. The properties are currently vacant. The total asking price for the entire portfolio is $5,750,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.