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    700 Madison St Whiteville, NC 28472

    • Retail space
    • 9,372 SF
    For Sale
    View listing
    $525,000
    Value Estimation
    Last Sale
    Apr 12, 2024
    $200,000
    Location Intelligence
    Property ID
    US53-4536482
    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 space

    Property Details for 700 Madison St

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    9,372 SF
    Property type
    Retail space
    APN
    0280.02-98-6302.000
    APU
    28002986302000

    Description

    This exceptional commercial property, located at 700 S Madison Street in Whiteville, North Carolina, presents a unique investment opportunity. The building boasts a substantial 9,372 square feet of space, offering ample room for a variety of business ventures. Situated on a conveniently sized 0.11-acre lot, the property provides excellent accessibility and visibility. The building's versatile layout allows for customization to suit diverse operational needs. Its prime location in Whiteville offers easy access to local amenities, transportation routes, and a thriving community. The asking price for this property is $525,000, representing a compelling value for a commercial space of this size and potential. This is an ideal opportunity for entrepreneurs seeking a well-positioned, spacious building to establish or expand their business. The property's substantial square footage and strategic location make it a highly attractive prospect for a range of commercial uses. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the property's specifications and potential uses are available upon request. Don't miss this chance to acquire a significant commercial asset in a growing North Carolina market. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $230,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $215,000
      Mixed-Use
      $190,000
      Hospitality
      $210,000
      Educational
      $195,000
      Residential Income
      $235,000
      Energy
      $215,000
      Income-Based Land
      $265,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Whiteville
    County
    Columbus
    State
    North Carolina
    Longitude
    -78.7033
    Latitude
    34.3221

    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
    $3,724
    $27,000
    $207,400
    $234,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      9 Co Moss Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      9 Co Moss Rd, Whiteville, NC 28472-6009
      View Details
    • Value Estimation by Request
      8,925 SF

      105 Courthouse Sq

      RETAIL STORES (PERSONAL SERVICES) • 8,925 SF
      105 Courthouse Sq, Whiteville, NC 28472-3300
      View Details
    • Value Estimation by Request
      648 SF

      500 Lee St

      RETAIL STORES (PERSONAL SERVICES) • 648 SF
      500 Lee St, Whiteville, NC 28472-4008
      View Details
    • Value Estimation by Request
      2,976 SF

      1926 Madison St

      RETAIL STORES (PERSONAL SERVICES) • 2,976 SF
      1926 Madison St, Whiteville, NC 28472-4901
      View Details
    • Value Estimation by Request
      3,000 SF

      2018 Madison St

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      2018 Madison St, Whiteville, NC 28472-4910
      View Details
    • Value Estimation by Request
      3,200 SF

      206 Magnolia St

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      206 Magnolia St, Whiteville, NC 28472-4618
      View Details

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    Similar Nearby for Lease

    • $4,000 /Mo
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      Retail space available in a Wal-Mart anchored shopping center.
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    700 Madison St
    Whiteville, NC 28472
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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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