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    121 Vance St Zebulon, NC 27597

    • Warehouses
    • 4,256 SF
    • 0.09 lot acres
    For Sale
    View listing
    $395,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-0915782
    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.

    Current Use by Public Records

    • Warehouses

    Property Details for 121 Vance St

    Year built
    1950
    Construction
    CONCRETE BLOCKS
    Lot size
    0.09 lot acres
    Property size
    4,256 SF
    Zone code
    DTC
    Property type
    Warehouses
    APN
    2705.14-34-5361 0011890
    APU
    2705143453610011890

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $475,000
      6.5%
      $460,000
      7%
      $505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $495,000
      Geo Method
      $515,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $485,000
      Mixed-Use
      $525,000
      Hospitality
      $445,000
      Educational
      $480,000
      Residential Income
      $555,000
      Energy
      $575,000
      Income-Based Land
      $525,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.3133
    Latitude
    35.8206
    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
    2023
    $3,653
    $15,680
    $277,344
    $293,024
    -
    $15,680
    $277,344
    $293,024

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    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Warehouse Space Available for Lease

      Warehouse space for lease in Zebulon, North Carolina.
      128 W Vance St, Zebulon, NC 27597
      View Details
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      Prime Zebulon Warehouse Space

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      Downtown Zebulon Office Suite

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    121 Vance St
    Zebulon, NC 27597
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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