Property profile

140 3rd St Washington, NC 27889

OFF-MARKET
Retail properties & Spaces
Property ID
US53-4631731
10,434 SF 0.94 ac lot Built 1969
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 140 W 3rd Street in Washington, North Carolina, presents a significant investment opportunity. Situated in Beaufort County, zip code 27889, this industrial property boasts a total building size of 10,434 square feet, with 6,000 square feet specifically designated as warehouse space. The property is classified as both industrial and land, offering versatility for a range of commercial uses. The asking price for this substantial property is $775,000. The property's prime location in Washington, NC offers excellent access to transportation networks and local amenities, making it an attractive proposition for businesses seeking a strategic foothold in the area. With its generous square footage and versatile zoning, this warehouse presents a rare opportunity to acquire a significant commercial asset in a thriving North Carolina market. The property's latitude and longitude coordinates are 35.5453691 and -77.0549847 respectively. Further details are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1969
Total area 10,434 SF
Lot 0.94 ac (40,946 SF)
APN 5675-89-5132
UPID US53-4631731

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

140 3rd St Washington, NC 27889-4902
Washington metro Census 930300 WASHINGTON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
$751k
Blend (final) Blend
$340k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $840,000 +4.7%

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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