Property profile

620 Dr Donnie H Jones Jr Blvd Princeton, NC 27569

OFF-MARKET
Retail properties & Spaces
13,000 SF
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Property summary

AI-generated overview

This exceptional 13,000-square-foot freestanding retail building presents a unique investment opportunity in the thriving town of Princeton, North Carolina. Strategically located off US Highway 70, this property boasts high visibility and easy accessibility, benefiting from a substantial daily traffic volume of 31,500 vehicles. Previously occupied by a grocery store and later a Family Dollar, the building offers versatile space suitable for a wide range of retail uses. Consider uses such as vehicle or equipment sales, building supply operations, a contractor's office with yard space, light warehousing, or similar businesses. The building's robust construction features concrete block and brick, ensuring durability and longevity. Its convenient location offers proximity to major transportation arteries, including Interstate 95 (9.5 miles) and Raleigh (35 miles). The property includes a single existing dock, with the potential for adding a drive-in bay. Further enhancing its appeal, the site provides ample yard space and three-phase power. The C-3 Neighborhood and Highway zoning allows for a variety of commercial uses. This is an outstanding chance to establish a presence in a rapidly expanding market. The entire 13,000 square feet is currently vacant, providing immediate occupancy for a new tenant.

Property profile

Verified
Property type Retail properties & Spaces
Total area 13,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

620 Dr Donnie H Jones Jr Blvd Princeton, NC 27569
Princeton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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