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    OFF-MARKET
    Retail space

    202 Arendell Ave, Zebulon, NC 27597-2604

    6,110 SF 0.17 ac lot Built 1950
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US53-3850837
    Property summary
    AI-generated overview

    This exceptional 3,666 square foot retail storefront at 202 N. Arendell Ave., Zebulon, NC 27597, presents a unique investment opportunity. Situated in the heart of Downtown Zebulon, this single-tenant property boasts excellent visibility and high traffic counts, averaging 7,100 vehicles per day (VPD). The building, a single-story structure on a 0.17-acre lot, offers convenient street parking and access to an adjacent parking lot. Inside, the space includes two private bathrooms, catering to the needs of a variety of businesses. Its ideal for boutique retailers, specialty shops, or service-oriented businesses seeking a prominent location. The property's central location within a thriving commercial district, surrounded by complementary businesses, restaurants, and shops, ensures strong foot traffic and a vibrant atmosphere. The lease is a NNN lease. This property is located near the intersection of N. Arendell Ave. and Horton St. in Wake County. Don't miss this chance to secure a prime retail space in a rapidly growing area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1950
    Construction CONCRETE BLOCKS
    Total area 6,110 SF
    Lot 0.17 ac (7,405 SF)
    Zoning code DTC
    APN 2705.10-35-6011 0030205
    UPID US53-3850837
    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
    • Zebulon Jewelry & Pawn Shop Discount Store (Bike/Boat/Book/etc) Store
    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
    Durham Investments LLC · 5 yrs held
    Durham Investments LLC
    since 2020
    Last sale
    $265,000
    3 recorded transactions
    2020
    $265,000
    2020
    1969
    Zoning & alternative use
    DTC · Zebulon, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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