124 Arendell Ave, Zebulon, NC 27597-2602
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DTC · Zebulon, NCZebulon. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.