Property summary
This 1,500-square-foot office building presents a compelling investment or leasing opportunity in the heart of Raeford, North Carolina. Located at 121 W Elwood Ave, this single-tenant property boasts a prime downtown location, zoned CB-Central Business, offering versatility for various professional uses. Constructed in 1960, the building is classified as Class C and features a spacious layout including a large reception area, several cubicle workspaces, two private offices, a restroom, and a… convenient rear storage area. The property's central location provides easy access to local amenities and key facilities, making it an attractive option for businesses seeking a well-established presence in Raeford's dynamic business district. The building's solid structure offers a strong foundation for immediate occupancy or potential customization to suit specific business needs. This property is available for purchase at $255,000 or for lease at a gross monthly rate of $1,850. Situated in Hoke County, NC, zip code 28376, this offering represents a significant opportunity within a growing market. The property is entirely vacant, providing immediate occupancy for a new tenant or owner-occupier.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included 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 and 4 qualifying comparable sales.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
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 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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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.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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 signals that 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.
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- Alternative use
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