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    Property profile & analytics

    117 Vance St Zebulon, NC 27597

    • Warehouses
    • 6,650 SF
    • 0.14 lot acres
    For Sale
    View listing
    $595,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-0922768
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 117 Vance St

    Year built
    1919
    Construction
    BRICK
    Lot size
    0.14 lot acres
    Property size
    6,650 SF
    Zone code
    DTC
    Property type
    Warehouses
    APN
    2705.14-34-5392 0011897
    APU
    2705143453920011897

    Description

    This exceptional 6,498-square-foot storefront property, located at 117 W Vance St in downtown Zebulon, North Carolina, presents a unique investment opportunity. The building, constructed in 1919, boasts a prominent location within the heart of Zebulon's commercial district. Currently vacant, this owner-user property offers significant potential for a variety of retail businesses. The building's solid brick construction reflects its enduring character and quality. The property sits on a 0.14-acre lot and is zoned DTC (Downtown Core), allowing for a range of commercial uses. With a total asking price of $595,000, this translates to a price per square foot of $91.57. The property's Property Identification Number (PIN) is 2705345392. This prime location offers excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a well-established space in a thriving community. The property's history and location combine to create a compelling investment opportunity in a rapidly growing area of Wake County. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $430,000

    • CAP approach

      CAP return
      Estimation
      6%
      $515,000
      6.5%
      $465,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $515,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $480,000
      Mixed-Use
      $455,000
      Hospitality
      $460,000
      Educational
      $530,000
      Residential Income
      $535,000
      Energy
      $420,000
      Income-Based Land
      $480,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.3132
    Latitude
    35.8207
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,247
    $24,392
    $320,338
    $344,730
    -
    $24,392
    $320,338
    $344,730

    Comparable in this City

    • Value Estimation
      $345,000
      1,692 SF

      1310 Old Us Hwy 264

      WAREHOUSE, STORAGE • 1,692 SF
      1310 Old Us Hwy 264, Zebulon, NC 27597-6920
      View Details
    • Value Estimation
      $7,925,000
      46,391 SF

      400 Gannon Ave

      WAREHOUSE, STORAGE • 46,391 SF
      400 Gannon Ave, Zebulon, NC 27597-2708
      View Details
    • Value Estimation
      $420,000
      3,318 SF

      1413 Arendell Ave

      MINI-WAREHOUSE, STORAGE • 3,318 SF
      1413 Arendell Ave, Zebulon, NC 27597-8735
      View Details
    • Value Estimation
      $335,000
      8,810 SF

      109 Arendell Ave

      WAREHOUSE, STORAGE • 8,810 SF
      109 Arendell Ave, Zebulon, NC 27597-2801
      View Details
    • Value Estimation
      $405,000
      11,035 SF

      115 Horton St

      WAREHOUSE, STORAGE • 11,035 SF
      115 Horton St, Zebulon, NC 27597-2627
      View Details
    • Value Estimation
      $490,000
      3,184 SF

      302 Wakefield St

      WAREHOUSE, STORAGE • 3,184 SF
      302 Wakefield St, Zebulon, NC 27597-2539
      View Details

    Similar Nearby for Sale

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      Zebulon Warehouse: Prime Location

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      Downtown Zebulon Buildings For Sale

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    Similar Nearby for Lease

    • $7 SF/Yr
      15 SF

      Warehouse Space Available for Lease

      Warehouse space for lease in Zebulon, North Carolina.
      128 W Vance St, Zebulon, NC 27597
      View Details
    • $7 SF/Yr
      15,625 SF

      Prime Zebulon Warehouse Space

      15,625 SF Warehouse - Available Now
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      View Details
    • $9 SF/Yr
      148,004 SF

      Prime Zebulon Warehouse Space

      10,000 - 32,000 SF Warehouse Available
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    • $1.00 SF/Yr
      66,149 SF

      Industrial Building in Zebulon, NC

      66,149 SF industrial building for lease in Zebulon.
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      1,263 SF

      Downtown Zebulon Office Suite

      Second-floor office suite in historic downtown Zebulon.
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      View Details
    • $2,000 /Mo
      2,013 SF

      Commercial Property on Highway 97

      Retail space for rent near Zebulon on busy Highway 97.
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    117 Vance St
    Zebulon, NC 27597
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    Realmo Value Estimation

    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.

    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.

    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
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