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Property profile & analytics
FOR SALE
Retail space

3625 Murdocksville Rd West End, NC 27376

1.44 ac lot Built 1991
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US53-5190595
Property summary
AI-generated overview

This exceptional investment opportunity presents a 11,540 square foot retail storefront located at 3625 Murdocksville Rd, West End, NC 27376, in Moore County. The property, built in 2005, consists of two single-story buildings totaling nine units and sits on a 1.14-acre lot. Currently boasting 100% occupancy with a lease expiration date of July 15, 2024, this Class B property offers immediate return on investment. The asking price is $1,500,000, translating to $129.98 per square foot. The net rentable area is 11,540 square feet, zoned for commercial use, providing flexibility for various retail businesses. This prime location within the thriving market of Moore County makes it an attractive investment for both seasoned and aspiring investors seeking a strong, stable income stream. The property's strong performance history and high occupancy rate make it a compelling opportunity in a desirable area. This net lease investment offers a compelling opportunity to acquire a well-maintained, high-performing retail property with significant upside potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Lot 1.44 ac (62,726 SF)
Zoning code B-2
APN 17714
UPID US53-5190595
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
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
Hanes Ray Properties LLC · 6 yrs held
Hanes Ray Properties LLC
since 2020
2 recorded transactions
2020
Price N/A
2005
$525,000
Zoning & alternative use
B-2 · West End, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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