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    OFF-MARKET
    Office Spaces

    126 Riv Rd, Vanceboro, NC 28586-9225

    856 SF 3.37 ac lot Built 1972
    Entity Owned 18-yr Hold Free & Clear
    Property ID
    US53-3775055
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 126 River Rd, Vanceboro, NC 28586, presents a fantastic investment opportunity. The single-story, 856 square foot office building sits on a generous 3.37-acre lot, offering significant expansion potential. Built in 1972, this move-in ready space is conveniently situated between Highway 70 and Highway 17, providing excellent accessibility. The asking price is $239,000, translating to $279.21 per square foot. The property's location in Craven County, just outside New Bern, NC, makes it ideal for a variety of businesses. The ample land provides room for growth and future development, making this a truly versatile commercial offering. This is a rare chance to acquire a well-located, established office building with substantial acreage, perfect for an owner-occupier or investor seeking a strong return. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1972
    Total area 856 SF
    Lot 3.37 ac (146,884 SF)
    APN 1-039 -001
    UPID US53-3775055
    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
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    H & K Enterprise LLC · 18 yrs held
    H & K Enterprise LLC
    since 2007
    1 recorded transaction
    2007
    $90,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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