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    Property profile & analytics
    OFF-MARKET Estimated value $630,000
    Retail space

    124 Arendell Ave, Zebulon, NC 27597-2602

    3,354 SF 0.07 ac lot Built 1925
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US53-5660599
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1925
    Construction BRICK
    Total area 3,354 SF
    Lot 0.07 ac (3,049 SF)
    Zoning code DTC
    APN 2705.14-34-7831 0010178
    UPID US53-5660599
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $640k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $609k
    Blend (final) Blend
    $630k
    Owner & transaction history
    Gamersnexus LLC · 1 yrs held
    Gamersnexus LLC
    since 2025
    Last sale
    $650,000
    5 recorded transactions
    2025
    $650,000
    2021
    2008
    $165,000
    2005
    $165,000
    1969
    Zoning & alternative use
    DTC · Zebulon, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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