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Property profile

466 Main St King, NC 27021

OFF-MARKET
Commercial real estate
Property ID
US53-3569842
View Sample
2,969 SF 0.61 ac lot Built 1941
Individually Owned Absentee Owner Free & Clear

Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1941
Total area 2,969 SF
Lot 0.61 ac (26,572 SF)
Zoning code B-2
APN 599220814029
UPID US53-3569842

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2026
1 recorded transaction
2026
$440,000

Zoning & alternative use

B-2 · King, NC
Zoning description

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

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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