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Property profile & analytics

124 Arendell Ave Zebulon, NC 27597

  • Retail space
  • 3,354 SF
  • 0.07 lot acres
For Sale
Last Sale
Mar 26, 2025
$650,000
Value Estimations
Cap Rate Potential
9.7%
Retail space
Location Intelligence
Property ID
US53-5660599
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

  • 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

based on Realmo’s proprietary methodology
  • 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

Get a detailed, property-specific valuation — fast and free


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

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
2024
$7,138
$61,041
$593,521
$654,562
-
$61,041
$593,521
$654,562
More about this property
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