108 Arendell Ave Zebulon, NC 27597-2602
This exceptional 1,108 square-foot commercial property, located at 108 N Arendell Avenue in Downtown Zebulon, North Carolina, presents a unique opportunity for businesses seeking a prime location in a thriving community. Built in 1920, this single-tenant building boasts historic architectural features, offering a blend of character and modern functionality. The property is situated on a 0.04-acre lot and features a two-story structure, currently offering 1,108 square feet of vacant space on the first floor. The flexible layout is adaptable to various uses, including traditional office, executive office, coworking, medical office, and creative office spaces, as well as retail uses, thanks to its DTC (Downtown Core) zoning. Located in the heart of Downtown Zebulon, a rapidly growing suburb of the Raleigh-Durham area, this property benefits from high visibility and foot traffic, providing excellent access to local amenities, including shops and restaurants. The affordable monthly rental rate of $2,500 makes this an attractive investment opportunity for businesses looking to establish themselves in a vibrant and expanding market. The property's historic charm and versatile space offer a competitive edge in attracting and retaining customers, making it an ideal choice for businesses seeking a unique and strategically located space. This is a rare opportunity to be part of Zebulon's exciting growth and revitalization.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DTC · Zebulon, NCZebulon. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.