124 Arendell Ave Zebulon, NC 27597
- Retail space
- 3,354 SF
- 0.07 lot acres
Current Use by Public Records
- Retail space
Property Details for 124 Arendell Ave
- Year built
- 1925
- Construction
- BRICK
- Lot size
- 0.07 lot acres
- Property size
- 3,354 SF
- Zone code
- DTC
- Property type
- Retail space
- APN
- 2705.14-34-7831 0010178
- APU
- 2705143478310010178
Description
This exceptional 4,154 square foot retail property, located at 124 N Arendell Avenue in the heart of Downtown Zebulon, NC, presents a unique investment opportunity. The newly renovated brick building boasts a charming and versatile layout, ideal for a variety of commercial uses. A standout feature is the inclusion of a finished mezzanine level, offering additional space for offices, storage, or creative uses. Adding to its functionality is a finished rear garage complete with a convenient roll-up door, providing ample space for storage, deliveries, or even workshop space. Situated on a 0.07-acre lot, this property benefits from its prime location within a rapidly developing area of eastern Wake County. The surrounding downtown area is experiencing significant revitalization, attracting new businesses and contributing to a thriving commercial environment. The property's strategic placement is further enhanced by the construction of two new restaurants directly adjacent to the building, promising increased foot traffic and visibility. This is a rare chance to own a one-of-a-kind property in a burgeoning community, offering substantial potential for growth and return on investment. Priced at $650,000, this property is ready for immediate occupancy and presents a compelling opportunity for discerning investors and business owners alike. Don't miss this chance to be part of Zebulon's exciting future.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $610,000
- ML approach
- $640,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $609,000
Market price range: $253k - $609k
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Location Insight
- Map
- Local Demand
- City
- Zebulon
- County
- Wake
- State
- North Carolina
- Longitude
- -78.3128
- Latitude
- 35.822
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA