Property summary
This exceptional 3.99-acre commercial property located at 466 S Main Street in King, North Carolina, presents a compelling investment opportunity. The site boasts an impressive 272 feet of road frontage on Main Street, ensuring high visibility and accessibility for potential businesses. The property currently features a four-unit retail building, ideally suited for a variety of commercial uses. Its strategic location makes it particularly well-suited for a fast-service oil change center, given the high traffic volume on Main Street. The expansive lot size offers ample space for expansion, additional buildings, or ample parking. The property is zoned B2, providing flexibility for a range of commercial development options. This prime location in King, NC offers excellent potential for strong returns on investment, making it an attractive proposition for savvy investors seeking a high-traffic, well-positioned commercial property. The existing four-unit building provides immediate income potential, while the significant land area allows for future growth and development. This is a rare opportunity to acquire a substantial commercial property in a thriving North Carolina town. The property's size and zoning provide significant flexibility for a variety of commercial uses, making it an ideal investment for both short-term and long-term growth.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of the B-2 general business district is to provide areas along the thoroughfares and collector streets for commercial uses, particularly the retailing of goods and services
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
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B-2 · King, NCThe intent of the B-2 general business district is to provide areas along the thoroughfares and collector streets for commercial uses, particularly the retailing of goods and services
Zoning
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 B-2 in King, NC.
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