Individually Owned 
For Sale
Property summary
This exceptional mixed-use property, located at 205 W. Main Street in Havelock, North Carolina, presents a compelling value-add investment opportunity. The 22,030-square-foot building sits on a 1.28-acre lot zoned HC (Highway Commercial), offering significant potential for increased revenue. Currently, the property boasts a 44% occupancy rate, anchored by Rent-A-Center. A substantial 12,328 square feet of vacant space is available for lease, including a large 7,000-square-foot unit adjacent… to a 2,000-square-foot space with a month-to-month lease, and a 3,866-square-foot vacant shop space featuring roll-up/drive-in doors. Several existing tenants are also on month-to-month leases, providing an excellent opportunity to reposition the property and raise rental rates. The property benefits from its strategic location near Marine Corps Air Station Cherry Point. The roof was recently replaced in 2020. Offered at $975,000, this represents approximately $44 per square foot—significantly below replacement cost. The property's APN is 6-060-047. This is a rare chance to acquire a well-situated mixed-use asset with considerable upside potential in a growing market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,092 SF
- Lot area
- 0.14 ac
- Year built
- 1950
- APN
- 40499
- Zoning
- B-2HDO
- Assessed value · 2023
- $350,692
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Permitted as a use standard in B1,B3 and B2HDO. Plans are required and must show: (1) The size and location of all outdoor areas used for the principal use. (2) Topography: on new construction, a well-drained site with a…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Value Estimation
- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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