119 Courthouse Dr Elizabethtown, NC 28337
This exceptional 1,736 square foot office building, located at 119 Courthouse Drive in Elizabethtown, North Carolina, presents a unique investment opportunity or ideal space for a business. Built in 1960 and renovated in 2012, the single-story building boasts a convenient location directly adjacent to the Bladen County Courthouse. Its proximity to the Register of Deeds and Clerk of Courts offices makes it exceptionally well-suited for legal practices or governmental agencies. The property's previous use as a satellite office for a Congressman underscores its prime location and functionality. The interior layout includes seven partitioned offices, providing ample space for individual work or team collaboration. Additional features include a welcoming foyer, a restroom, and a convenient breakroom. The building is zoned C and offers a compelling price per square foot of $80.59, with an asking price of $139,900. Its central downtown location places it within walking distance of a variety of amenities, including restaurants and shopping, enhancing its appeal and potential for success. This property is currently vacant and ready for immediate occupancy. Don't miss this chance to acquire a highly desirable commercial property in a thriving downtown area.
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.