104 Thompson St Fairmont, NC 28340
- Banks
- 3,605 SF
- 0.28 lot acres
Current Use by Public Records
- Banks
Property Details for 104 Thompson St
- Year built
- 1984
- Construction
- FRAME
- Lot size
- 0.28 lot acres
- Property size
- 3,605 SF
- Property type
- Banks
- APN
- 300504015
- APU
- 300504015
Description
This exceptional Class A executive office building, located at 104 W Thompson Street in Fairmont, North Carolina, presents a unique investment opportunity. The free-standing brick structure boasts 4,109 square feet of space situated on a generous 1.52-acre lot. Its prime location in Robeson County, in the southern part of the state, offers excellent visibility and accessibility. Previously occupied by BB&T, this property is ideally suited for a variety of professional uses, including government or attorney offices, and potentially medical practices. The property is zoned NB- Neighborhood Business in the Town of Fairmont, and a previous deed restriction against financial uses has expired, opening up a wider range of potential tenants. The ample parking, drive-thru capabilities, and high visibility make this a highly desirable location. The building's solid construction and substantial lot size provide significant potential for future expansion or redevelopment. This is a rare opportunity to acquire a well-maintained, free-standing office building in a thriving community. The asking price has been significantly reduced, making this an even more compelling investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $70,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $75,000
- 6.5%
- $70,000
- 7%
- $80,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $75,000
- Geo Method
- $70,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $60,000
- Retail
- $75,000
- Mixed-Use
- $75,000
- Hospitality
- $65,000
- Educational
- $60,000
- Residential Income
- $55,000
- Energy
- $65,000
- Income-Based Land
- $80,000
- Food Service
- $60,000
Location Insight
- Map
- Local Demand
- City
- Fairmont
- County
- Robeson
- State
- North Carolina
- Longitude
- -79.115
- Latitude
- 34.4976
- CBSA code
- 31300
- CBSA name
- LUMBERTON, NC MICROPOLITAN STATISTICAL AREA