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    120 Vance St Zebulon, NC 27597-2844
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    Property profile & analytics

    120 Vance St Zebulon, NC 27597-2844


    • Warehouses
    • 9,017 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Apr 5, 2022
    $720,000
    Property ID
    US53-0184089
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $830,000
    Show details
    Cap Rate Potential
    7.4%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Henry's Complete Auto Repair Llc / Auto Repair Shop

    Property Details for 120 Vance St

    Year built
    1900
    Construction
    BRICK
    Lot size
    0.23 lot acres
    Property size
    9,017 SF
    Zone code
    DTC
    Property type
    Warehouses
    APN
    2705.14-34-4448 0027708
    APU
    2705143444480027708

    Description

    This unique 9,000 square foot retail building at 120 W Vance Street in Zebulon, NC, presents a remarkable investment opportunity. Situated on a 0.23-acre lot, this property boasts a rich history as the former stables for the Town of Zebulon. Its character is undeniable, featuring exposed brick walls, high open timber-frame ceilings, and slab floors, creating a captivating atmosphere. The building offers a blend of finished and unfinished space, providing flexibility for a variety of uses. Approximately half the building is already equipped with flooring, HVAC, and bathrooms, making it ideal for immediate occupancy. The other half offers ample warehouse or storage space. Convenient grade-level drive-in doors are located at either end of the building, facilitating easy loading and unloading. Public parking is readily available within 100 feet, supplemented by ample free diagonal street parking. The property's location and unique features make it exceptionally well-suited for a brewery/pub, event space, entertainment venue, or any business requiring a combination of finished office/retail space and warehouse capabilities. The asking price is $6,000,000. This is a rare chance to acquire a historic building with significant potential in a thriving community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $945,000
      ML approach
      $870,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,170,000
      6.5%
      $1,080,000
      7%
      $1,000,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $643,000
      Market price range: $416k - $946k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.3137
    Latitude
    35.8211
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,181
    $149,784
    $600,451
    $750,235
    -
    $149,784
    $600,451
    $750,235
    More about this property
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