Property profile

207 Main St Jamestown, NC 27282

OFF-MARKET
Office Spaces
Property ID
US53-2182541
4,893 SF 2.88 ac lot Built 1995
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a unique blend of history and potential. Located at 207 & 209 W Main Street in Jamestown, North Carolina, this property encompasses a substantial 2.18-acre lot featuring a charming, two-story building totaling 2,170 square feet. Built in 1913, the structure currently operates as a restaurant. The property's zoning allows for both office and residential uses, presenting a versatile canvas for a discerning investor. The combined ownership structure offers significant flexibility. The substantial lot size provides ample space for expansion or the development of complementary commercial ventures. This prime location in Jamestown, NC (zip code 27282) offers excellent visibility and accessibility, making it an ideal setting for a professional office or a new commercial business. The existing building's character provides a strong foundation for a creative renovation project, while the expansive lot offers significant room for growth and expansion. This is a rare opportunity to acquire a substantial property in a desirable location with significant upside potential. The asking price is $699,000.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1995
Construction FRAME
Total area 4,893 SF
Lot 2.88 ac (125,453 SF)
Zoning code C
APN 160672
UPID US53-2182541

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Atm Bank
  • Clothing & Fashion Store

Location

207 Main St Jamestown, NC 27282-9552
Jamestown metro Census 16409 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.02M
CAP Approach CAP
$760k
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$1.18M

Owner & transaction history

since 2021
Last sale
$915,000
1 recorded transaction
2021
$915,000

Zoning & alternative use

C · Jamestown, NC
Zoning description

The purpose of C zone is to provide mode of transportation is the automobile and retail and office.

General category COMMERCIAL
Top alternative use upside
Retail stores $955,000 +29.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 207 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message