Property profile

216 Bickett Blvd Louisburg, NC 27549

OFF-MARKET
Office buildings
Property ID
US53-1459551
11,000 SF 0.61 ac lot Built 1997
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of approximately 2,063 square feet of office space located off US 401 in downtown Louisburg, providing visibility along US 401. The interior layout includes a reception area, a conference room, a break area, and a storage room, with a total of six private offices. Signage options are available on the building and via the N. Bickett Blvd pylon sign.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Total area 11,000 SF
Lot 0.61 ac (26,659 SF)
Zoning code O I
APN 16499
UPID US53-1459551

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

216 Bickett Blvd Louisburg, NC 27549-2473
Louisburg metro Census 60301 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.77M
Comparable Approach Comparable
$2.24M
Blend (final) Blend
$2.15M

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

O I · Louisburg, NC
Zoning description

developments and uses in the OI, B-2, PD, PD-R and GWO districts shall contain a minimum 20% net area of landscaping. Landscaping shall be provided on the interior and exterior of the parking lot. c. Plantings. One shade…

General category CIVIC_INSTITUTIONAL

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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