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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

106 Horton St Zebulon, NC 27597

5,276 SF 0.69 ac lot Built 1914
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, two-story retail and office building located at 106 W Horton St, Zebulon, NC 27597. The property, built in 1914, encompasses 5,276 square feet on a 0.69-acre lot and is zoned CX. Currently boasting 100% occupancy with four tenants, each occupying 1,184 square feet, the building offers a strong net operating income (NOI) of $65,864, resulting in a 7.33% cap rate. The asking price is $899,000, translating to $170.39 per square foot. Situated in a high-traffic area with excellent frontage and visibility, this property benefits from its proximity to major employers including GlaxoSmithKline, Walmart Supercenter, Siemens Energy, and US Foods. Its convenient location, within 25 minutes of Downtown Raleigh and Research Triangle Park, and its accessibility via US-64/264, make it an attractive investment for discerning buyers. The building's multi-tenant structure provides diversification and stability, while the strong occupancy rate ensures immediate cash flow. This prime mixed-use property offers a compelling combination of location, income, and growth potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1914
Total area 5,276 SF
Lot 0.69 ac (30,056 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
  • WeLuxture Wellness Hair Salon
  • Zebulon Birth and Wellness Alternative Medicine Practice Medical Clinic
  • The Piano Room Bar & Pub Nightclub
  • IGLAM NAILS & BEAUTY BAR Nail Salon
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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