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    Property profile & analytics
    OFF-MARKET Estimated value $950,000
    Office Spaces

    207 Main St, Jamestown, NC 27282-9552

    4,893 SF 2.88 ac lot Built 1995
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US53-2182541
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ATM High Point Bk & Tr Co Atm Bank
    • Guilford + Main Clothing & Fashion Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.02M
    CAP Approach CAP
    $760k
    Comparable Approach Comparable
    $1.19M
    Blend (final) Blend
    $950k
    Owner & transaction history
    Perdue Investments LLC · 4 yrs held
    Perdue Investments LLC
    since 2021
    Last sale
    $915,000
    1 recorded transaction
    2021
    $915,000
    Zoning & alternative use
    C · Jamestown, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $955,000 +29.9%
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