Property summary
This exceptional commercial property, located at 120 S Ash Street in Spring Hope, North Carolina, presents a unique investment opportunity. The 19,500 square foot building sits on a 26,136 square foot lot, offering ample space for a variety of commercial uses. Its prime location on a main thoroughfare ensures excellent visibility and accessibility, attracting potential customers. The classic architecture and inviting facade create a strong first impression. The spacious interior allows for… flexible layouts to accommodate diverse business needs. Convenient on-site and street parking is available. This property benefits from its proximity to major transportation arteries, including Highway 64/I-795 (approximately one mile away) and I-95 (16 miles away), providing easy access to Raleigh (approximately 40 minutes). Spring Hope offers a supportive business environment, fostering growth and networking opportunities. This property represents a compelling investment in a growing community with significant future potential. The asking price is $275,000. The property is zoned for commercial use and is ready for immediate occupancy. The building's versatile design makes it suitable for retail, office, or service-oriented businesses.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 19,547 SF
- Lot area
- 0.59 ac
- Year built
- 1921
- APN
- 276906-29-8183
- Zoning
- CB
- Assessed value · 2024
- $179,420
- Annual tax · 2024
- $3,079
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of this district is to allow a wide range of commercial uses compatible with the towns downtown area.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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