Property profile

105 Sharpe St Selma, NC 27576

OFF-MARKET
Auto shops
Property ID
US53-5334327
11,014 SF 0.53 ac lot Built 1945
Trust Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This vacant industrial warehouse, located at 105 N Sharpe St in Selma, North Carolina, presents a compelling investment opportunity. The property boasts 11,089 square feet of space, situated on a 0.53-acre lot, and is zoned I-1. The building features five dock-high doors, ideal for efficient loading and unloading of goods, and offers ample space for large trucks. A fenced-in, secured outdoor yard provides additional storage and parking. The interior comprises 10,010 square feet of ground floor space and an additional 1,079 square feet on the second floor, suitable for various industrial uses. The asking price is $770,000, translating to $69.44 per square foot. This property benefits from its proximity to Highway 70 and is conveniently located just nine minutes from the highway. Furthermore, its location near Eastfield Crossing, a substantial mixed-use development encompassing retail, medical, professional, hospitality, entertainment, and senior living spaces, offers significant potential for growth and increased property value. The property's strategic location and versatile design make it an attractive option for a wide range of industrial businesses. The zip code is 27576.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1945
Total area 11,014 SF
Lot 0.53 ac (23,087 SF)
Zoning code IND
APN 14028073
UPID US53-5334327

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Moving Company

Location

105 Sharpe St Selma, NC 27576-2822
Selma metro Census 40301 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$413k
Blend (final) Blend
$595k

Owner & transaction history

since 2026
Last sale
$494,275
7 recorded transactions
2026
$494,275
2022
$599,000
2021
Price N/A
2021
$333,000
2018
Price N/A
2017
$225,000
2017
$200,000

Zoning & alternative use

IND · Selma, NC

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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