Property profile

411 Western Blvd Jacksonville, NC 28546

FOR SALE
Other industrial properties
Property ID
US53-2109133
7,722 SF 0.44 ac lot Built 1985
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A multi-unit commercial building totaling 7,172 square feet is configured as 27 units, with building design supporting office, retail, retail services, and potential medical or dental use. The property is located on Western Boulevard in Jacksonville, NC, and has frontage on Western Boulevard with reported traffic counts over 30,000 vehicles per day. The building includes four power meters and is arranged into four sections, each with both front and rear entrances; each section contains restrooms and break areas, supporting separate tenant operations and a range of tenant sizes. The layout is designed to be demised, enabling an owner-user to occupy a portion of the building while leasing additional units.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Total area 7,722 SF
Lot 0.44 ac (19,201 SF)
Zoning code CC
APN 17048
UPID US53-2109133

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
  • Alternative Medicine Practice Spa & Massage Center
  • Physician
  • Barber Shop
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Roofing Company General Contractor

Location

411 Western Blvd Jacksonville, NC 28546
Jacksonville metro Census 2600 JACKSONVILLE, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$625k
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

CC · Jacksonville, NC
Zoning description

CC-C Conditional Corridor Commercial IND-C Conditional Industrial B. Purpose The rezoning of land to a conditional zoning district is intended to provide a landowner and the City an alternative to rezoning the land to a…

General category COMMERCIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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