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    OFF-MARKET
    Retail space

    209 The Blvd, Eden, NC 27288-4705

    5,600 SF 0.14 ac lot Built 1927
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US53-0954604
    Property summary
    AI-generated overview

    This fully renovated, 7-unit apartment building in Eden, NC presents a turnkey investment opportunity. Boasting 6,000 square feet on a 5,800-6,200 square foot lot, the property features six spacious two-bedroom apartments and one office/studio unit. A complete 2024 renovation included a new TPO roof, individual electrical panels, meters, and HVAC systems for each unit. Modern amenities in each two-bedroom unit include brand-new electric stoves, dishwashers, refrigerators, vent hoods, and in-unit washers and dryers, complemented by high-end cabinetry and granite countertops. Currently 100% occupied, tenants are responsible for their own electricity, minimizing maintenance responsibilities for the owner. The building is classified as Class A, with a strong NOI of $61,345 and an 8.46% cap rate. Located in Eden, NC, this property benefits from a growing local economy and convenient access to Greensboro, Winston-Salem, and Danville, VA. The permitted zoning is BC/ED. This two-story, 1927-built building offers a blend of classic charm and modern efficiency, making it an attractive investment in a thriving North Carolina community. Asking price is $725,000, with a price per square foot of $120.83.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1927
    Total area 5,600 SF
    Lot 0.14 ac (6,012 SF)
    Zoning code CENTRAL BUS EDEN
    APN 7070-14-42-2710-00
    UPID US53-0954604
    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
    • Hair Square Hair Salon
    • The Body Shop Tattoo Studio Tattoo & Piercing Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Bh Lawrence LLC
    Bh Lawrence LLC
    since 2025
    Last sale
    $900,000
    4 recorded transactions
    2025
    $900,000
    2024
    2023
    $35,000
    2020
    $10,000
    Zoning & alternative use
    CENTRAL BUS EDEN · Eden, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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