Property profile

1704 W 5Th St Lumberton, NC 28358

FOR SALE
Auto shops
Property ID
US53-3067009
672 SF 0.7 ac lot Built 1994
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 1704 W 5TH Street in Lumberton, North Carolina, presents a unique investment opportunity. The property boasts a substantial 0.72-acre lot, providing ample space for expansion or future development. The existing structure offers 672 square feet of usable space, ideal for a variety of commercial ventures. Its versatile nature allows for adaptation to suit diverse business needs. The property's location in Lumberton offers convenient access to local amenities and transportation routes, ensuring high visibility and accessibility for potential customers. The asking price of $299,000 represents a compelling value for a property of this size and potential in a growing market. This is an excellent opportunity for entrepreneurs and investors seeking a foothold in the Lumberton commercial real estate market. The property's size and location make it suitable for a range of uses, from retail to office space, or even a combination thereof. Serious inquiries are encouraged to explore the possibilities this property offers. The 0.72-acre lot provides significant room for growth and future development, making this a truly valuable asset. Don't miss this chance to acquire a prime commercial property in a thriving community.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1994
Total area 672 SF
Lot 0.7 ac (30,492 SF)
APN 322501020
UPID US53-3067009

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership

Location

1704 W 5Th St Lumberton, NC 28358
Lumberton metro Census 960801 LUMBERTON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$75k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2021
Last sale
$90,000
2 recorded transactions
2021
$90,000
2020
$30,100

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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