Property profile

121 Vance St Zebulon, NC 27597

OFF-MARKET
Warehouses
Property ID
US53-0915782
4,256 SF 0.09 ac lot Built 1950
Individually Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,264-square-foot storefront, located at 121 W Vance St in downtown Zebulon, NC, presents a compelling owner-user opportunity. Priced at $395,000 ($92.64/sq ft), this vacant property offers significant potential. Built in 1950, the single-story brick building sits on a 0.09-acre lot and is zoned DTC (Downtown Core). The interior features a carpeted area at the front and a concrete floor section in the rear, providing flexibility for various retail or office uses. The property's location in the heart of Zebulon ensures high visibility and accessibility. With its convenient downtown setting and minutes from Raleigh, this property is ideally suited for a variety of businesses seeking a prominent presence in a thriving community. The property's parcel number is 2705345361. This is a rare opportunity to acquire a well-located, sizable retail space in a desirable market. Don't miss out on this chance to establish your business in a vibrant downtown area.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Construction CONCRETE BLOCKS
Total area 4,256 SF
Lot 0.09 ac (3,920 SF)
Zoning code DTC
APN 2705.14-34-5361 0011890
UPID US53-0915782

Cap rate & NOI

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

Location

121 Vance St Zebulon, NC 27597
Zebulon metro Census 54306 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

Zoning & alternative use

DTC · Zebulon, NC
Zoning description

The Downtown Core (DTC) district is the cultural and commercial heart of Zebulon. It contains the oldest commercial structures of three to four stories organized in uniform fashion on grid streets. The need for segregati…

General category MIXED_USE

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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