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    140 3Rd St Washington, NC 27889

    • Retail properties
    • 10,434 SF
    • 0.94 lot acres
    For Sale
    View listing
    $775,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-4631731
    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

    • Retail properties

    Property Details for 140 3Rd St

    Year built
    1969
    Lot size
    0.94 lot acres
    Property size
    10,434 SF
    Property type
    Retail properties
    APN
    5675-89-5132
    APU
    5675895132

    Description

    This exceptional commercial property, located at 140 W 3rd Street in Washington, North Carolina, presents a significant investment opportunity. Situated in Beaufort County, zip code 27889, this industrial property boasts a total building size of 10,434 square feet, with 6,000 square feet specifically designated as warehouse space. The property is classified as both industrial and land, offering versatility for a range of commercial uses. The asking price for this substantial property is $775,000. The property's prime location in Washington, NC offers excellent access to transportation networks and local amenities, making it an attractive proposition for businesses seeking a strategic foothold in the area. With its generous square footage and versatile zoning, this warehouse presents a rare opportunity to acquire a significant commercial asset in a thriving North Carolina market. The property's latitude and longitude coordinates are 35.5453691 and -77.0549847 respectively. Further details are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $475,000
      6.5%
      $490,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $540,000
      Mixed-Use
      $455,000
      Hospitality
      $585,000
      Educational
      $570,000
      Residential Income
      $465,000
      Energy
      $425,000
      Income-Based Land
      $545,000
      Food Service
      $500,000

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Beaufort
    State
    North Carolina
    Longitude
    -77.0549
    Latitude
    35.5454
    CBSA code
    47820
    CBSA name
    WASHINGTON, NC MICROPOLITAN 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
    2024
    $3,883
    $184,860
    $137,379
    $322,239
    -
    $184,860
    $137,379
    $322,239

    Comparable in this City

    • Value Estimation by Request
      5.89 Acres

      Us-17

      Multifamily properties • 5.89 Acres
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      View Details
    • Value Estimation by Request
      2,210 SF

      306 Hackney Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,210 SF
      306 Hackney Ave, Washington, NC 27889-4724
      View Details
    • Value Estimation by Request
      648 SF

      402 Martin Luther King Jr Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 648 SF
      402 Martin Luther King Jr Dr, Washington, NC 27889-4816
      View Details
    • Value Estimation by Request
      2,250 SF

      1780 Old Bath Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,250 SF
      1780 Old Bath Hwy, Washington, NC 27889-7774
      View Details
    • Value Estimation by Request
      2,460 SF

      Us 264

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,460 SF
      Us 264, Washington, NC 27889
      View Details
    • Value Estimation by Request
      6,900 SF

      4525 Voa Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,900 SF
      4525 Voa Rd, Washington, NC 27889-7995
      View Details

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    • Contact for pricing

      Retail Property For Sale

      Retail property available for sale in Washington, NC.
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      View Details
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    Similar Nearby for Lease

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      5,000 sq ft commercial building suitable for various businesses.
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    • New
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    • $995 /Mo
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      Downtown Washington Office Suite Rental

      Historic building office suite for rent in downtown Washington.
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    140 3Rd St
    Washington, NC 27889
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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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