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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    130 Arendell Ave Zebulon, NC 27597-2602

    • Investment properties
    • 6,450 SF
    • 0.08 lot acres
    OFF-MARKET
    Last Sale
    May 07, 2025
    $550,000
    Value Estimations
    $525,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-1905745
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 130 Arendell Ave

    Year built
    1915
    Construction
    BRICK
    Lot size
    0.08 lot acres
    Property size
    6,450 SF
    Zone code
    DTC
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    2705.14-34-6897 0057392
    APU
    2705143468970057392

    Description

    This exceptional commercial property, located at 130 N Arendell Avenue in Zebulon, North Carolina, presents a unique investment opportunity. The building boasts a substantial 6,461 square feet of space, offering ample room for a variety of business ventures. Situated on a conveniently sized 0.08-acre lot, the property provides excellent accessibility and visibility. The asking price is $750,000, representing a compelling value for a property of this size and location in the thriving Zebulon market. The property's "Other" classification suggests versatility in its potential uses, making it suitable for a wide range of commercial applications. Further investigation into zoning regulations and permitted uses is recommended to determine the best fit for your business needs. This property is ideally positioned to capitalize on the growth and development within the Zebulon area, offering a strong return on investment for the discerning buyer. The property's address, 130 N Arendell Avenue, ensures easy access to major transportation routes and local amenities. Serious inquiries are encouraged to explore the full potential of this remarkable commercial opportunity. Detailed property information and supporting documentation are available upon request. Don't miss this chance to acquire a prime commercial space in a rapidly expanding market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $520,000
      ML approach
      $495,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $515,000
      Market price range: $515k - $1.45M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Zebulon
    County
    Wake
    State
    North Carolina
    Longitude
    -78.3129
    Latitude
    35.8222
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,870
    $17,425
    $296,690
    $314,115
    -
    $17,425
    $296,690
    $314,115

    Comparable in this City

    • Value Estimation
      $895,000
      7,000 SF

      100 Vance St

      STORE/OFFICE (MIXED USE) • 7,000 SF
      100 Vance St, Zebulon, NC 27597-2838
      View Details
    • Value Estimation
      $595,000
      4,500 SF

      203 Arendell Ave

      STORE/OFFICE (MIXED USE) • 4,500 SF
      203 Arendell Ave, Zebulon, NC 27597-2603
      View Details
    • Value Estimation
      $1,020,000
      6,000 SF

      106 Horton St Ste, Unit 1

      STORE/OFFICE (MIXED USE) • 6,000 SF
      106 Horton St Ste, Zebulon, NC 27597-2652
      View Details
    • Value Estimation
      $655,000
      4,950 SF

      105 Arendell Ave

      STORE/OFFICE (MIXED USE) • 4,950 SF
      105 Arendell Ave, Zebulon, NC 27597-2809
      View Details
    • Value Estimation
      $620,000
      4,284 SF

      122 Arendell Ave

      STORE/OFFICE (MIXED USE) • 4,284 SF
      122 Arendell Ave, Zebulon, NC 27597-2602
      View Details
    • Value Estimation by Request
      1,497 SF

      118 Sycamore St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,497 SF
      118 Sycamore St, Zebulon, NC 27597-2636
      View Details

    Similar Nearby for Sale

    • $4,775,000
      15.27 Acres

      Zebulon Land Ready For Development

      Prime mixed-use development site in fast-growing Zebulon, Wake County.
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    • $989,500
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      Zebulon Warehouse: Prime Location

      14,085 SF Warehouse, Owner/User Opportunity
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    • $1,200,000
      1.92 Acres

      Commercial Land in Zebulon, NC

      Commercial land available in a prime Zebulon location.
      108 Pearces Rd, Zebulon, NC 27597
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    • $75,000
      1.02 Acres

      Residential Building Lot in Zebulon

      Over an acre building lot, bring your own builder.
      257 Fairhaven Dr, Zebulon, NC 27597
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    • $570,000

      57 Acres of Riverfront Timberland

      Mature timberland with Little River frontage in Johnston County.
      1 Covered Bridge Rd, Zebulon, NC 27597
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    Similar Nearby for Lease

    • $7 SF/Yr
      15 SF

      Warehouse Space Available for Lease

      Warehouse space for lease in Zebulon, North Carolina.
      128 W Vance St, Zebulon, NC 27597
      View Details
    • $7 SF/Yr
      15,625 SF

      Prime Zebulon Warehouse Space

      15,625 SF Warehouse - Available Now
      128 Vance St, Zebulon, NC 27597
      View Details
    • $9 SF/Yr
      148,004 SF

      Prime Zebulon Warehouse Space

      10,000 - 32,000 SF Warehouse Available
      400 Gannon Ave, Zebulon, NC 27597
      View Details
    • $1,800 /Mo
      1,263 SF

      Downtown Zebulon Office Suite

      Second-floor office suite in historic downtown Zebulon.
      104 E Horton St, Zebulon, NC 27597
      View Details
    • $2,000 /Mo
      Pending

      Commercial Property on Highway 97

      Retail space for rent near Zebulon on busy Highway 97.
      13577 Nc 97, Zebulon, NC 27597
      View Details
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    Zebulon, NC 27597-2602
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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