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    FOR SALE
    Auto shops

    1704 W 5Th St, Lumberton, NC 28358

    672 SF 0.7 ac lot Built 1994
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US53-3067009
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Integrity Auto sales Lumberton nc Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Dean Hunt Dilly · 4 yrs held
    Dean Hunt Dilly
    since 2021
    Last sale
    $90,000
    2 recorded transactions
    2021
    $90,000
    2020
    $30,100
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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