Property profile

4787 Us Hwy 70th E Princeton, NC 27569

OFF-MARKET
Office buildings
Property ID
US53-2192234
7,020 SF 9.89 ac lot Built 2003
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 4787 US Hwy 70E in Johnston County, offers a rare opportunity to lease modern office suites. Built in 2003 and extensively renovated in 2022, this single-story building boasts 7,020 square feet situated on a generous 9.89-acre lot. The property is zoned commercial and features a low building floor area ratio (FAR) of 0.03. Two office spaces are currently available, each offering a unique layout. Office 2, measuring 12' x 10', is 120 square feet and does not have a window. Office 3, measuring 12' x 10.5', is 126 square feet and includes a window. Both spaces benefit from shared amenities including a kitchen, bathroom, and conference room, providing a collaborative and convenient work environment. The minimum leasable space is 125 square feet. Ample parking is available with 14 spaces on-site. Monthly rent is $400, with a $400 security deposit required for each office. Utilities, excluding internet, are covered by the landlord. Optional storage add-ons are also available. This property is ideal for small businesses or entrepreneurs seeking a well-maintained, conveniently located office space in a thriving commercial area. The 9-foot ceilings contribute to a spacious feel.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Total area 7,020 SF
Lot 9.89 ac (430,808 SF)
Zoning code COM
APN 04N12004A
UPID US53-2192234

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
  • Trucking Company
  • Church
  • Loan Service Bank
  • Storage Facility
  • Construction Company General Contractor

Location

4787 Us Hwy 70th E Princeton, NC 27569-6708
Princeton metro Census 40502 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
by Request
Comparable Approach Comparable
$876k
Blend (final) Blend
$645k

Owner & transaction history

since 2022
Last sale
$650,000
2 recorded transactions
2022
$650,000
1969
Price N/A

Zoning & alternative use

COM · Princeton, NC

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4787 Us Hwy 70th E?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message