Property summary
This thriving 2,120 square-foot convenience store and storefront, located at 3921 Legion Rd in Hope Mills, North Carolina, presents a compelling investment opportunity. The property, built in 1968 and situated on a 0.34-acre lot, boasts 100% occupancy with a modified lease currently in place for three additional years. Recent capital improvements include a new roof and HVAC systems, minimizing immediate maintenance needs. Zoned C1P, this versatile property offers flexibility for various retail uses, capitalizing on its prime location within the bustling Hope Mills area. High visibility and accessibility ensure strong foot traffic and potential for increased revenue. The asking price is $600,000. This single-tenancy retail space represents a rare chance to acquire a well-maintained, income-producing asset in a thriving retail market. The property's strong performance and recent upgrades make it an attractive investment with significant potential for long-term growth and return. Don't miss this chance to secure a piece of Hope Mills' vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
C1P · Hope Mills, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1P in Hope Mills, NC.
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Find the owner behind the property.
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