Technical
Financial
Distress signals
Property profile

114 Franklin St Warrenton, NC 27589

OFF-MARKET
Office Spaces
Property ID
US53-4654116
2,805 SF 125 ac lot Built 1952
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,814 square foot commercial property, situated on a 0.31-acre lot at 114 W Franklin Street in Warrenton, NC, presents a unique investment opportunity. Ideally located just one block from the courthouse and conveniently off Main Street, this building boasts high visibility and excellent accessibility. Previously utilized as an auto body shop and paint business, the property is equipped with a functional paint booth, ready for immediate use. The building features four 10x10 roll-up doors, providing ample access for vehicles and equipment. One bay is equipped with a lift, while another includes a convenient drain. The property's versatile layout and existing infrastructure make it suitable for a variety of businesses. Its prime location in Warrenton offers significant advantages for attracting customers and establishing a strong presence within the community. The asking price of $250,000 represents a compelling value for a property with such established features and a desirable location. This is an exceptional chance to acquire a well-positioned commercial space with significant potential for growth and profitability. The property's history as a successful auto body shop demonstrates its suitability for businesses requiring ample space and specialized equipment. Don't miss this opportunity to secure a prime commercial location in a thriving North Carolina town.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1952
Total area 2,805 SF
Lot 125 ac (5,445,000 SF)
APN E6B246
UPID US53-4654116

Cap rate & NOI

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

Location

114 Franklin St Warrenton, NC 27589-1934
Warrenton metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2025
Last sale
$175,000
1 recorded transaction
2025
$175,000

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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