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    Property profile & analytics
    OFF-MARKET Estimated value $580,000
    Warehouses

    124 Vance St, Zebulon, NC 27597-2844

    6,350 SF 0.08 ac lot Built 1913
    Individually Owned 19-yr Hold Free & Clear
    Property ID
    US53-5789721
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1913
    Construction BRICK
    Total area 6,350 SF
    Lot 0.08 ac (3,485 SF)
    Zoning code DTC
    APN 2705.14-34-4405 0010155
    UPID US53-5789721
    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
    Current use
    Occupant on record · Public records
    • First Choice Concrete, Inc. Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $760k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $580k
    Owner & transaction history
    Larry C Davis · 19 yrs held
    Larry C Davis
    since 2006
    2 recorded transactions
    2006
    $10,000
    1969
    Zoning & alternative use
    DTC · Zebulon, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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