Property profile

188 Main St Winterville, NC 28590

OFF-MARKET
Other commercial real estate
Property ID
US53-0584187
4,924 SF 0.47 ac lot Built 1922
Individually Owned 8-yr Hold
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Property summary

AI-generated overview

This one-story commercial building is located in downtown Winterville and is zoned for downtown commercial use. The building contains approximately 2,409 square feet on a 0.47-acre lot and includes a wide front foyer suitable for reception, a large kitchen, a laundry room, and three bathrooms. There are four additional rooms that can be used as offices. Exterior features include a circular driveway at the front and parking located at the rear of the property.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1922
Total area 4,924 SF
Lot 0.47 ac (20,473 SF)
Zoning code CB
APN 10962
UPID US53-0584187

Cap rate & NOI

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

Location

188 Main St Winterville, NC 28590-9664
Winterville metro Census 1301 GREENVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2018
3 recorded transactions
2023
Price N/A
2018
$170,000
2006
Price N/A

Zoning & alternative use

CB · Winterville, NC
Zoning description

The purpose of the Central Business District (CB) is to maintain and enhance a compact business area for the retailing of durable and convenience goods and personal services for the surrounding community.

General category COMMERCIAL

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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