Entity Owned Property summary
The property is a retail storefront building of approximately 1,520 square feet located in downtown Wendell. It is configured as a barbershop with a storefront that includes a classic barber pole and a front sales area finished with a drop ceiling and currently used in active operations. The rear portion consists of unfinished interior space featuring a preserved original pressed tin ceiling. Building improvements include a roof replacement installed in July 2024 with a 15-year limited manufacturer warranty and a 3-year labor warranty, and an HVAC system replacement consisting of a 3-ton unit installed in 2025 with warranty coverage for the compressor and parts; the HVAC is sized to support the unfinished area. The building remains suited for neighborhood-oriented retail use consistent with its existing storefront buildout.
Property profile
VerifiedCap rate & NOI
Current use
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Barber Shop
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Downtown Mixed-Use District is coded to encourage the redevelopment and expansion of the traditional Downtown area. Individual buildings are encouraged to be mixed vertically with street level commercial and upper le…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DMX · Wendell, NCThe Downtown Mixed-Use District is coded to encourage the redevelopment and expansion of the traditional Downtown area. Individual buildings are encouraged to be mixed vertically with street level commercial and upper le…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Downtown Mixed-Use District is coded to encourage the redevelopment and expansion of the traditional Downtown area. Individual buildings are encouraged to be mixed vertically with street level commercial and upper le…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DMX in Wendell, NC.
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