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Property profile

111 Vance St Zebulon, NC 27597

OFF-MARKET
Warehouses
Property ID
US53-2241257
View Sample
4,655 SF 0.1 ac lot Built 1963
Entity Owned Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional 4,766-square-foot storefront, located at 111 W Vance St in the heart of downtown Zebulon, North Carolina, presents a remarkable investment opportunity. The property, situated on a 0.1-acre lot, boasts a desirable Downtown Core zoning designation. Built in 1919 (Note: Year Built discrepancy exists between provided data points, please verify), this single-story brick building offers a versatile open floor plan, perfect for a variety of retail uses. A convenient roll-up door in the rear provides easy access for loading and storage. The asking price is $371,748, translating to a price per square foot of $78. The property's location in the vibrant downtown area ensures high visibility and accessibility for potential customers. With its spacious layout and prime location, this storefront is ready for immediate occupancy. The property's Assessed Property Number (APN) is 2705347420. This is a rare chance to acquire a well-positioned retail space in a thriving North Carolina community. The property is currently vacant, allowing for immediate customization to suit your business needs. Don't miss this opportunity to establish your presence in the heart of Zebulon.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1963
Construction BRICK
Total area 4,655 SF
Lot 0.1 ac (4,356 SF)
Zoning code DTC
APN 2705.14-34-6377 0506307
UPID US53-2241257

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
  • Construction Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2025
Last sale
$357,500
2 recorded transactions
2025
$357,500
2017
$122,500

Zoning & alternative use

DTC · Zebulon, NC
Zoning description

The Downtown Core (DTC) district is the cultural and commercial heart of Zebulon. It contains the oldest commercial structures of three to four stories organized in uniform fashion on grid streets. The need for segregati…

General category MIXED_USE

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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