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Property profile & analytics
OFF-MARKET Estimated value $2,865,000
Retail space

101 Vance St Zebulon, NC 27597-2843

20,400 SF 0.29 ac lot Built 1919
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US53-1074632
Property summary
AI-generated overview

This exceptional 1.58-acre property located at 101 W Vance Street in Zebulon, North Carolina, presents a compelling redevelopment opportunity. Situated in one of North Carolina's fastest-growing towns, this site offers significant potential for investors and developers seeking a mixed-use project. The property comprises multiple existing buildings, providing a cost-effective foundation for adaptive reuse or redevelopment. This allows for a flexible approach to project planning, potentially minimizing demolition costs and expediting the development timeline. The substantial lot size offers ample space for expansion or the addition of new structures, catering to a variety of commercial uses. The strategic location within Zebulon ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a thriving market. The asking price for this prime redevelopment opportunity is $5,299,000. Detailed site plans and building specifications are available upon request. This is an exceptional chance to capitalize on the robust growth trajectory of Zebulon and create a significant commercial asset. Serious inquiries only.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1919
Construction BRICK
Total area 20,400 SF
Lot 0.29 ac (12,632 SF)
Zoning code DTC
APN 2705.14-34-7420 0021008
UPID US53-1074632
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Whitley Furniture Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.63M
Blend (final) Blend
$2.87M
Owner & transaction history
Chapman Ventures LLC · 1 yrs held
Chapman Ventures LLC
since 2025
7 recorded transactions
2025
$1.4M
2014
Price N/A
2012
Price N/A
2007
Price N/A
2006
Price N/A
2002
Price N/A
1969
Price N/A
Zoning & alternative use
DTC · Zebulon, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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