1112 Nash N St Wilson, NC 27893-2407
- Office buildings
- 940 SF
- 0.04 lot acres
Jul 24, 2020
Current Use by Public Records
- Office buildings
Property Details for 1112 Nash N St
- Year built
- 1923
- Lot size
- 0.04 lot acres
- Property size
- 940 SF
- Property type
- Office buildings
- APN
- 3722-05-4436.000
- APU
- 3722054436000
Description
This exceptional 1,440-square-foot office building, situated on a prominent main road leading to downtown Wilson, North Carolina, presents a compelling investment opportunity. Built in 1923, this single-story structure sits on a half-acre lot and is zoned for office use. The property boasts a versatile layout ideal for various office configurations, including creative, medical, or traditional office spaces. Features include a welcoming waiting area, a secure reception area, four individual offices, and a rear conference/staff room or private office complete with its own restroom and convenient exterior access. An additional ADA-compliant restroom ensures accessibility. The building's 1,440 square feet of air rights match the net rentable square footage, offering flexibility for future expansion or modifications. The asking price is $295,000, translating to $204.86 per square foot. This property represents a rare chance to acquire a well-located, established office building in a thriving North Carolina community. The address is 1112 Nash Street North, Wilson, NC 27893.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $145,000
- ML approach
- $110,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $210,000
- 6.5%
- $195,000
- 7%
- $180,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $105,000
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Location Insight
- Map
- Local Demand
- City
- Wilson
- County
- Wilson
- State
- North Carolina
- Longitude
- -77.9202
- Latitude
- 35.7385
- CBSA code
- 48980
- CBSA name
- WILSON, NC MICROPOLITAN STATISTICAL AREA