127 5th St Washington, NC 27889-4401
Property summary
This exceptional commercial property, located at 127 E 5TH Street in the heart of Washington, NC, presents a unique investment opportunity. The 0.32-acre lot offers significant potential for a variety of commercial ventures, benefiting from its prime location in a high-traffic area. The property's address places it within easy reach of local businesses, residential areas, and key transportation routes, ensuring high visibility and accessibility. The size of the lot allows for considerable flexibility in development plans, accommodating a range of building sizes and designs. This presents a blank canvas for entrepreneurs and developers seeking to establish a new presence or expand existing operations in a thriving community. Given its central location and substantial lot size, this property is poised for significant return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional commercial lot offers. The property is being offered at $189,500. Further details regarding zoning and development regulations are readily available upon request. Don't miss this chance to acquire a prime piece of commercial real estate in Washington, NC.
Property profile
VerifiedCap rate & NOI
Current use
-
Hardware & Home Improvement Building Supply
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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