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105 Broad St Elm City, NC 27822

OFF-MARKET Commercial real estate Google Maps
1,860 SF 0.16 ac lot Built 1910
Individually Owned 2-yr Hold Free & Clear
Estimated value (blended)
$100k
Range $90k – $110k (±10%)
Property ID US53-4562921

Property summary

AI-generated overview

This exceptional retail property, located at 105 S Broad St in Elm City, North Carolina, presents a fantastic opportunity for a single-tenant business. The building, known as the Cobb Building, offers 1,800 square feet of versatile commercial space, ideal for a variety of retail uses. Situated in the 27822 zip code, this property benefits from a convenient location within Elm City, offering excellent visibility and accessibility for customers. The single-tenant occupancy ensures ease of management and control over the space. The property's precise geographic coordinates are 35.805702488025894 latitude and -77.86254529923666 longitude. This presents a rare chance to acquire a well-positioned retail space in a thriving North Carolina community. The property type is classified as retail, with a commercial subtype. The building's size and location make it an attractive investment for entrepreneurs seeking a strong foothold in the Elm City market. This is a single-tenant property, minimizing complexities associated with multi-tenant management. The property is ready for immediate occupancy, allowing for a swift start to operations. Serious inquiries are encouraged to explore this promising investment opportunity further.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1910
Total area 1,860 SF
Lot 0.16 ac (6,882 SF)
APN 3735-70-1145.000
UPID US53-4562921

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2024
Last sale
$15,000
1 recorded transaction
2024
$15,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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