Property summary
This exceptional 6,350-square-foot storefront property, located at 124 W Vance Street in the heart of Zebulon, North Carolina, presents a unique owner/user investment opportunity. The Class B building boasts a desirable Downtown Core zoning designation within Wake County (27597 zip code). The single-tenant space features a convenient drive-in door, perfect for loading and unloading, along with two offices, a dedicated conference room, and multiple bathrooms. A sizable second-floor mezzanine provides ample additional storage space, enhancing the building's functionality. Priced at $550,000, or $86.61 per square foot, this property is ideally suited for a contracting business requiring both office and showroom space. Its prime location, just two blocks from North Arendell Avenue, ensures high visibility and accessibility. The brick building offers a classic aesthetic and durable construction. This is a rare chance to acquire a well-appointed commercial space in a thriving downtown area. The property's features and zoning make it suitable for a variety of retail uses. Don't miss this chance to own a piece of Zebulon's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Downtown Core (DTC) district is the cultural and commercial heart of Zebulon. It contains the oldest commercial structures of three to four stories organized in uniform fashion on grid streets. The need for segregati…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DTC · Zebulon, NCThe Downtown Core (DTC) district is the cultural and commercial heart of Zebulon. It contains the oldest commercial structures of three to four stories organized in uniform fashion on grid streets. The need for segregati…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Downtown Core (DTC) district is the cultural and commercial heart of Zebulon. It contains the oldest commercial structures of three to four stories organized in uniform fashion on grid streets. The need for segregati…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DTC in Zebulon, NC.
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