Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2920 Buffalo Shoals Rd Maiden, NC 28650

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2920 Buffalo Shoals Rd Maiden, NC 28650

    View on Map
    • Commercial real estate
    • 1.11 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2920 Buffalo Shoals Rd

    Year built
    1940
    Lot size
    1.11 lot acres
    Property type
    Commercial real estate

    Description

    This 1.11-acre property at 2920 Buffalo Shoals Road in Maiden, NC, presents a unique opportunity for investors and business owners. Currently operating as a conveniently located store, this property benefits from its position in a high-traffic area, ensuring consistent customer flow. The building's size is not specified, but the substantial 1.11-acre lot offers significant potential for expansion or redevelopment. The asking price is $360,000, making it an attractive investment in a growing market. The property's location in Maiden, NC, provides easy access to major transportation routes and a strong local customer base. This is an ideal opportunity for entrepreneurs seeking a ready-made business or investors looking for a solid return on investment. The property's current use as a convenience store suggests a history of successful operation, providing a strong foundation for future growth. Further due diligence is recommended to fully assess the property's potential and suitability for your specific needs. The property is zoned for general commercial use, offering flexibility for a variety of business ventures. This prime location and attractive price point make this a compelling investment opportunity. Serious inquiries are encouraged to explore this promising commercial property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Maiden
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.175
    Latitude
    35.5455

    Comparable in this City

    • Value Estimation by Request
      3,840 SF

      18 Main St

      COMMERCIAL (GENERAL) • 3,840 SF
      18 Main St, Maiden, NC 28650
      View Details
    • Value Estimation by Request
      5.26 Acres

      5612 East Dr

      Land • 5.26 Acres
      5612 East Dr, Maiden, NC 28650
      View Details
    • Value Estimation by Request
      9,560 SF

      23 Main St

      COMMERCIAL (GENERAL) • 9,560 SF
      23 Main St, Maiden, NC 28650-1335
      View Details
    • Value Estimation by Request
      8,000 SF

      103 Main St Sta, Unit A

      COMMERCIAL (GENERAL) • 8,000 SF
      103 Main St Sta, Maiden, NC 28650-1236
      View Details
    • Value Estimation by Request
      1,984 SF

      4680 Maiden Hwy

      COMMERCIAL (GENERAL) • 1,984 SF
      4680 Maiden Hwy, Maiden, NC 28650-9189
      View Details
    • Value Estimation by Request
      5,720 SF

      10 Main St

      COMMERCIAL (GENERAL) • 5,720 SF
      10 Main St, Maiden, NC 28650-1336
      View Details

    Similar Nearby for Sale

    • $1,325,000
      9.61 Acres

      Maiden, NC Commercial Land Opportunity

      9.61 Acres, High Traffic, Development Potential
      100 Island Ford Rd, Maiden, NC 28650
      View Details
    • Contact for pricing

      Land Near Apple Data Center

      6.59 acres near Apple Data Center.
      2182 Maiden Rd, Newton, NC 28650
      View Details
    • $360,000

      Convenient Store in Maiden, NC

      Convenient store in a high-traffic area for sale.
      2920 Buffalo Shoals Rd, Maiden, NC 28650
      View Details
    • $1,400,000

      Land Near Apple Data Center

      6.59 acres near Apple Data Center in Maiden, NC.
      2182 Maiden Rd, Newton, NC 28650
      View Details
    • $299,000
      4,154 SF

      Church, Hall, and Cemetery Lots

      Church, fellowship hall, and cemetery lots for sale.
      3391 Briarwood Dr, Maiden, NC 28650
      View Details
    • Contact for pricing

      Versatile Commercial Building in Maiden

      1600 SF commercial building with flexible C-1 zoning.
      15 N Carolina Ave, Maiden, NC 28650
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2920 Buffalo Shoals Rd
    Maiden, NC 28650
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    2920 Buffalo Shoals Rd, Maiden, NC, 28650

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!