1801 Outlet Ctr Dr Selma, NC 27576-3453
This exceptional commercial property, located at 1801 Outlet Center Drive in Selma, North Carolina, presents a unique opportunity for both owner-occupants and investors. The 5,672 square foot building sits on a spacious 1.48-acre lot, offering ample space for expansion or outdoor seating. Currently vacant, this second-generation restaurant space is ready for immediate occupancy and customization. The property boasts a convenient location just off I-95, ensuring high visibility and easy access for customers. Its strategic placement within a thriving commercial area, surrounded by a variety of retail outlets, restaurants, and service businesses, guarantees consistent foot traffic and a strong customer base. The property is zoned for commercial use, allowing for a wide range of potential business ventures. The asking price is $1,860,000. The property's parcel number (APN) is 261413-04-0945. This turnkey opportunity is ideal for entrepreneurs seeking a well-situated establishment in a bustling commercial environment. Don't miss this chance to establish your business in a prime location with significant growth potential. The property is ready for your vision and offers a blank canvas for creating a thriving culinary destination or other commercial enterprise.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COM · Selma, NCCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.