Property profile

212 Ctr St Mount Olive, NC 28365

OFF-MARKET
Commercial real estate
Property ID
US53-4723036
3,657 SF 0.17 ac lot Built 1959
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 7,405 square foot lot located at 212 N Center Street in Mount Olive, North Carolina, 28365. The property, categorized as Special Purpose Land, encompasses a substantial 3,236 square feet. Currently improved with three rental units, this property offers immediate income potential for investors. The asking price is $197,900. The property is being sold "AS IS," reflecting a family sale. This presents a unique chance to acquire a well-situated commercial property in a thriving North Carolina community. The existing rental units are currently occupied, providing a steady stream of rental income. The property's location in Mount Olive, Wayne County, offers convenient access to local amenities and transportation routes. Prospective buyers are encouraged to schedule a viewing to fully assess the potential of this promising investment. The property is zoned for commercial use, providing flexibility for future development or expansion. This is a rare opportunity to acquire a turnkey commercial property with existing income, making it an attractive investment for both seasoned and new investors. The property's size and location make it ideal for a variety of commercial uses.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1959
Construction WOOD
Total area 3,657 SF
Lot 0.17 ac (7,200 SF)
Zoning code C-1
APN 2572972979
UPID US53-4723036

Cap rate & NOI

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

Location

212 Ctr St Mount Olive, NC 28365-1702
Mount Olive metro Census 700 GOLDSBORO, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

C-1 · Mount Olive, NC
Zoning description

The purpose of this district shall be to provide for, enhance, and protect the shopping facilities in the downtown area

General category COMMERCIAL

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
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