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    Property profile & analytics
    OFF-MARKET Estimated value $665,000
    Office buildings

    4787 Us Hwy 70th E, Princeton, NC 27569-6708

    7,020 SF 9.89 ac lot Built 2003
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US53-2192234
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Neal's Transports Trucking Company
    • Iglesia Evangelica Profetica Peniel NC Church
    • Stockton Mortgage, Princeton NC, NLS #8259 Loan Service Bank
    • Just Store It Storage Facility
    • Gammon Construction Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $670k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $876k
    Blend (final) Blend
    $665k
    Owner & transaction history
    Gammon Properties LLC · 4 yrs held
    Gammon Properties LLC
    since 2022
    Last sale
    $650,000
    2 recorded transactions
    2022
    $650,000
    1969
    Zoning & alternative use
    COM · Princeton, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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