2017 5Th St Lumberton, NC 28358
- Auto shops
- 2,445 SF
- 0.28 lot acres
Current Use by Public Records
- Auto shops
Property Details for 2017 5Th St
- Year built
- 1966
- Construction
- FRAME
- Lot size
- 0.28 lot acres
- Property size
- 2,445 SF
- Property type
- Auto shops
- APN
- 32410301501
- APU
- 32410301501
Description
This 2704 square foot commercial property in Lumberton, NC, presents a unique investment opportunity. Previously a gas station, it's been successfully converted into a retail space and enjoys a highly visible location off I-95, ensuring excellent accessibility for both local and interstate traffic. The building's current configuration offers ample space for a variety of retail uses, but its adaptable design allows for subdivision into four separate suites, providing flexibility for multiple tenants or a single business requiring distinct areas. Surrounded by other commercial establishments, this property benefits from a high-traffic environment and strong customer visibility. The property is offered for sale at $250,000, but leasing options are also available. This prime location and versatile space make it an ideal choice for entrepreneurs seeking a thriving commercial presence in Lumberton. The property sits on a 0-acre lot. Don't miss this chance to acquire a well-positioned commercial asset with significant potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $240,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $215,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $245,000
- Mixed-Use
- $280,000
- Hospitality
- $265,000
- Educational
- $250,000
- Residential Income
- $235,000
- Energy
- $275,000
- Income-Based Land
- $215,000
- Food Service
- $235,000
Location Insight
- Map
- Local Demand
- City
- Lumberton
- County
- Robeson
- State
- North Carolina
- Longitude
- -78.978
- Latitude
- 34.6113
- CBSA code
- 31300
- CBSA name
- LUMBERTON, NC MICROPOLITAN STATISTICAL AREA