831 Main StMurfreesboro, NC 27855

Property Details for 831 Main St

Year built

1983

Lot size

2.76 AC

Property size (Sq ft)

25,900 SF

Zone code

C2

Property type

Retail properties

Property subtype

Community centers

APN

5958-44-8874

APU

5958448874

Description

Chowan Village, located at 831 W Main St, Murfreesboro, NC 27855, offers exceptional retail opportunities in a thriving community. This multi-tenant property boasts a total of 30,153 square feet, with 15,485 square feet currently available for lease. Spaces range from a minimum of 2,870 square feet to a maximum contiguous space of 8,415 square feet, providing flexibility for various business needs. The center enjoys high visibility on Main Street and benefits from strong co-tenancy, including a Dollar Tree/Family Dollar combo store, Roses, H&R Block, and Subway. Its strategic location offers close proximity to a Food Lion, the only one within a 15-mile radius, ensuring significant foot traffic and customer accessibility. Additional nearby businesses include Dollar General, Advance Auto Parts, Ace Hardware, McDonald's, and DaVita, further enhancing the area's commercial appeal. This prime retail location presents a unique opportunity to establish or expand your business in a vibrant and well-established commercial area of Murfreesboro, North Carolina. The property is comprised of seven total suites.

• CAP approach

  CAP return

  Valuation

  6%

  $7,063,832

  6.5%

  $6,520,461

  7%

  $6,054,714

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,325,088

  Geo Method

  $14,981,617

• Alternative Use

  Use

  Valuation

  Residential

  $5,500,252

  Hospitality

  $5,038,202

  Educational

  $4,191,725

  Medical

  $4,335,884

  Retail

  $6,520,461

Location Insight

City

Murfreesboro

County

Hertford

State

North Carolina

Latitude

36.4413

Longitude

-77.1137

Property Tax & Assessments

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