Property profile

126 River Rd Vanceboro, NC 28586

FOR SALE
Office Spaces
Property ID
US53-3775055
856 SF 3.37 ac lot Built 1972
Entity Owned 18-yr Hold Free & Clear
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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

Location

126 River Rd Vanceboro, NC 28586
Vanceboro metro Census 960201 NEW BERN, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2007
1 recorded transaction
2007
$90,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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