Property profile

121 Thompson St Pittsboro, NC 27312

OFF-MARKET
Other individual retail properties
Property ID
US53-2173553
2,960 SF 0.15 ac lot Built 1940
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial space in downtown Pittsboro, North Carolina, offering up to 2,960 square feet of customizable interior area. It is zoned C-2 (General Commercial), supporting a range of personal service and retail uses such as salons, barber shops, wellness services, and boutiques, along with other general commercial activities permitted under the zoning classification. The building has parking available in both the front and rear, and it is positioned near local shops and restaurants in the downtown area. The landlord has indicated willingness to consider space improvements in connection with lease arrangements.

Property profile

Verified
Property type Other individual retail properties
Use group DRY CLEANER
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,960 SF
Lot 0.15 ac (6,534 SF)
Zoning code C-2
APN 7635
UPID US53-2173553

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

121 Thompson St Pittsboro, NC 27312-5621
Pittsboro metro Census 20802 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

C-2 · Pittsboro, NC
Zoning description

The purpose of the Highway Commercial (C2) District is to provide lands to accommodate retail, office, and service areas that serve the Town and region. Development allowed includes a mix of retail, office, eating, enter…

General category COMMERCIAL

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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