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    OFF-MARKET
    Retail space

    118 Church St, Atkinson, NC 28421

    1,186 SF 0.06 ac lot Built 1901
    Individually Owned 15-yr Hold Free & Clear
    Property ID
    US53-2450762
    Property summary
    AI-generated overview

    This exceptional commercial land offering in Atkinson, North Carolina, presents a unique investment opportunity. Encompassing a total of 0.793 acres, this property is comprised of three contiguous parcels, identified as 2258-04-0216-0000, 2258-04-0232-0000, and 2258-04-0188-0000, all sold together as a single unit. Located at 118 E Church Street, Atkinson, NC 28421, this property is zoned for commercial use and offers significant potential for development. The site is conveniently located within Pender County, providing easy access to local amenities and transportation routes. With its substantial size and prime location, this land parcel is ideal for a variety of commercial ventures, offering investors a chance to build and establish a thriving business. The absence of existing structures allows for complete design flexibility, catering to diverse development plans. This is a rare opportunity to acquire a sizable, well-situated commercial lot in a growing area. The property is ready for immediate development, making it an attractive prospect for both seasoned investors and new entrepreneurs seeking to establish a presence in the thriving Atkinson market. The latitude and longitude coordinates are 34.5283405, -78.1697365. This is a single-tenant property.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1901
    Total area 1,186 SF
    Lot 0.06 ac (2,614 SF)
    Zoning code RA
    APN 2258-04-0380-0000
    UPID US53-2450762
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Robert C Kenan JR. · 15 yrs held
    Robert C Kenan JR.
    since 2011
    3 recorded transactions
    2011
    2011
    $8,000
    2010
    $8,000
    Zoning & alternative use
    RA · Atkinson, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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