Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    301 Green St Wilson, NC 27893
    Back to Search
    Property profile & analytics

    301 Green St Wilson, NC 27893

    View on Map
    • Commercial real estate
    • 3,121 SF
    • 0.21 lot acres
    For Sale
    $289,500
    View Listing →
    Wilson Commercial Building - Prime Location For Sale
    $289,500
    3,121 SF

    Wilson Commercial Building - Prime Location

    3,121 sq ft, 0.21 acre lot, $289,500

    301 Green St, Wilson, NC 27893
    View Listing
    Property ID
    US53-4527517
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • New Beginnings Family Worship Center / Church / Mosque
    • Wilson Primitive Baptist Church / Church

    Property Details for 301 Green St

    Year built
    1920
    Lot size
    0.21 lot acres
    Property size
    3,121 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 301 GREEN Street NE in Wilson, North Carolina, presents a fantastic investment opportunity. Boasting a generous 3,121 square feet of space, this general commercial building sits on a conveniently sized 0.21-acre lot, offering ample room for various business ventures. The property's prime location in Wilson ensures high visibility and accessibility, making it ideal for a wide range of commercial uses. The asking price of $289,500 represents a compelling value for a property of this size and location within the thriving Wilson market. The building's versatile layout provides flexibility for customization to suit specific business needs. Its strategic placement offers excellent exposure to potential customers and easy access for employees and clients. This is a rare opportunity to acquire a well-situated commercial property in a growing area, promising strong returns on investment. Serious inquiries are encouraged to explore the potential of this exceptional property and its significant advantages. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to secure a prime commercial space in a desirable location. Further details and scheduling of viewings can be arranged upon request. This property is being offered as-is.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wilson
    County
    Wilson
    State
    North Carolina
    Longitude
    -77.91264
    Latitude
    35.72903

    Comparable in this City

    • $1,999,000
      14.27 Acres

      Wilson County Commercial Land

      14 Acres, Prime Development Site
      Forest Hills Rd, Wilson, NC 27893
      View Details
    • $1,300,000
      10,720 SF

      Wilson, NC Commercial Building

      10,720 SF, 0.5-Acre Lot, $1.3M
      1300 Goldsboro St, Wilson, NC 27893
      View Details
    • $1,900,000
      36,204 SF

      Wilson, NC Commercial Building

      Prime 36K SF Commercial Space, 1.93 Acres
      611 Goldsboro St, Wilson, NC 27893
      View Details
    • $1,300,000
      24,000 SF

      Prime Wilson Commercial Space

      Large lot, high-traffic location. Great investment!
      113 Spruce St, Wilson, NC 27893
      View Details
    • $1,499,000
      41.30 Acres

      Wilson County Commercial Land

      41.3 Acres, Multi-Use Potential, High Visibility
      Downing St, Wilson, NC 27893
      View Details
    • $5,900,000
      15,940 SF

      Prime Wilson Commercial Property

      1.6 Acres, 15,940 SF, $5.9M
      111 Hines St, Wilson, NC 27893
      View Details

    Similar Nearby for Sale

    • $1,999,000
      14.27 Acres

      Wilson County Commercial Land

      14 Acres, Prime Development Site
      Forest Hills Rd, Wilson, NC 27893
      View Details
    • $1,300,000
      10,720 SF

      Wilson, NC Commercial Building

      10,720 SF, 0.5-Acre Lot, $1.3M
      1300 Goldsboro St, Wilson, NC 27893
      View Details
    • $1,900,000
      36,204 SF

      Wilson, NC Commercial Building

      Prime 36K SF Commercial Space, 1.93 Acres
      611 Goldsboro St, Wilson, NC 27893
      View Details
    • $1,300,000
      24,000 SF

      Prime Wilson Commercial Space

      Large lot, high-traffic location. Great investment!
      113 Spruce St, Wilson, NC 27893
      View Details
    • $1,499,000
      41.30 Acres

      Wilson County Commercial Land

      41.3 Acres, Multi-Use Potential, High Visibility
      Downing St, Wilson, NC 27893
      View Details
    • $5,900,000
      15,940 SF

      Prime Wilson Commercial Property

      1.6 Acres, 15,940 SF, $5.9M
      111 Hines St, Wilson, NC 27893
      View Details

    Similar Nearby for Lease

    • $800 /Mo
      422 SF

      Office Space in Wilson, NC

      Two offices with bathroom and closet available for rent.
      315 Hines St W, Wilson, NC 27893
      View Details
    • $3,500 /Mo
      2,100 SF

      Wilson Land with IMX Zoning

      4.74 acres with 2,100 SF building, ideal for recycling.
      404 Maury St S, Wilson, NC 27893
      View Details
    • $2,400 /Mo
      1,934 SF

      Retail or Restaurant Space Available

      Retail or restaurant space in high-traffic shopping center.
      4000 Ward Blvd, Wilson, NC 27893
      View Details
    • $4,950 /Mo
      5,100 SF

      Versatile Commercial Space, Wilson, NC

      Office and warehouse space ideal for service-based businesses.
      1902 Baldree Rd S, Wilson, NC 27893
      View Details
    • Contact for pricing

      Established Neighborhood Strip Center

      Neighborhood strip center anchored by Piggly Wiggly and national retailers.
      1301 Ward Blvd, Wilson, NC 27893
      View Details
    • $4 SF/Yr

      Manufacturing and Warehouse Space Available

      116,728 SF manufacturing/warehouse space for lease with ample space.
      3040 Black Creek Rd SE, Wilson, NC 27893
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    301 Green St
    Wilson, NC 27893
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    301 Green St, Wilson, NC, 27893
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!