Property profile

333 Main St Yanceyville, NC 27379

OFF-MARKET
Grocery and convenience stores
Property ID
US53-4625626
2,296 SF 0.45 ac lot Built 1971
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a tenant-occupied gas station located at 333 Main St, Yanceyville, NC 27379. The property is listed at $475,000 and boasts a current monthly rental income of $2,650, secured by a lease extending to mid-2033. The tenant is open to negotiating with serious buyers. This strategically positioned property enjoys excellent visibility and convenient access in downtown Yanceyville. The accompanying convenience store features a substantial interior space, complete with an eight-door walk-in cooler and existing kitchen equipment, ready for immediate use. Importantly, the property operates without a long-term gas contract; fuel is currently supplied on a month-to-month basis, offering flexibility for future operations. The property's square footage is 1 square foot, which is likely a data entry error and should be verified independently. The property's true size should be confirmed through further due diligence. This presents a unique chance to acquire a well-established, income-generating asset in a desirable location. Serious inquiries are encouraged.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1971
Construction WOOD
Total area 2,296 SF
Lot 0.45 ac (19,551 SF)
APN 1004.00.04.0002.0000
UPID US53-4625626

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
  • Gas Station
  • Grocery & Convenience Store Food Market
  • Atm

Location

333 Main St Yanceyville, NC 27379
Yanceyville metro Census 930200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2015
2 recorded transactions
2021
Price N/A
2015
$115,000

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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