720 Western Blvd Tarboro, NC 27886
- Commercial real estate
- 50,208 SF
- 29.26 lot acres
Current Use by Public Records
- Century Link / Cell Phone Store / Telecommunications
Property Details for 720 Western Blvd
- Year built
- 1975
- Lot size
- 29.26 lot acres
- Property size
- 50,208 SF
- Property type
- Commercial real estate
- APN
- 472873912500
- APU
- 472873912500
Description
This exceptional 106,693-square-foot Class B office building in Tarboro, North Carolina, presents a unique investment opportunity. Located at 720 Western Blvd, this vacant, two-story structure sits on a generous 51.7-acre lot and is zoned B-3. Built in 1975, the property boasts numerous features ideal for a large-scale office or call center operation. The building offers over 500 plug-in ready cubicles, approximately 400 parking spaces, and ample land for future expansion. Additional amenities include a building generator, truck-height loading doors, an on-site fitness center with showers, a boardroom, executive suites, large conference rooms, and three training classrooms. Security features include secured front door locks controlled by the reception desk and a Halon fire suppression system. Dedicated server and network rooms are also available. An adjacent, separately owned 23-acre parcel offers further expansion potential, creating a unique opportunity to develop a substantial office campus. This property is ready for immediate occupancy and presents a compelling opportunity for a business seeking a large, well-equipped space in a desirable location. The property's size and features make it suitable for a variety of office uses, including call centers, corporate headquarters, or government offices.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,525,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,285,000
- 6.5%
- $2,165,000
- 7%
- $2,165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,460,000
- Geo Method
- $2,490,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,075,000
- Retail
- $2,790,000
- Mixed-Use
- $2,020,000
- Hospitality
- $2,100,000
- Educational
- $2,675,000
- Residential Income
- $2,515,000
- Energy
- $2,515,000
- Income-Based Land
- $2,145,000
- Food Service
- $2,185,000
Location Insight
- Map
- Local Demand
- City
- Tarboro
- County
- Edgecombe
- State
- North Carolina
- Longitude
- -77.5555
- Latitude
- 35.893
- CBSA code
- 40580
- CBSA name
- ROCKY MOUNT, NC METROPOLITAN STATISTICAL AREA
