49 Jr Rd, Selma, NC 27576
- Strip malls
- 25,000 SF
- 2.58 lot acres
Current Use by Public Records
- Carolina Apparel / Men'S Clothing Store / Work Clothes Store
- Over the Moon Boutique / Clothing & Fashion Store
- Sandhills Tobacco / (Bike/Boat/Book/etc) Store
Property Details for 49 Jr Rd
- Year built
- 1994
- Lot size
- 2.58 lot acres
- Zone code
- COM
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 14L10014C
- APU
- 14L10014C
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 17, 2023 | — | Wm&mk LLC | Abdalla Building Partnership | Lease | — |
| — | — | Abdalla Building Ptshp | — | Deed Of Trust · related | $200k · First Citizens Bank & Trust Co |
| — | — | Abdalla Building Ptshp | — | Deed Of Trust · related | $450k · First Citizens Bank & Trust Co |
Description
This exceptional retail opportunity is situated directly off I-95 in Selma, North Carolina, offering unparalleled visibility and accessibility. The property boasts a three-acre lot and presents a prime location for businesses seeking high traffic exposure. A 15,000 square foot space is available for lease at a rate of $8.00 per square foot, under a triple net lease agreement. This represents a significant chance to establish a strong presence in a busy commercial corridor. The lease terms are flexible, with smaller spaces available at adjusted rental rates to accommodate various business needs. The property's strategic location along I-95 ensures consistent exposure to a large volume of daily traffic, making it ideal for a wide range of retail businesses. This is a rare opportunity to secure a prominent location with excellent visibility and high traffic counts. Don't miss out on this chance to establish your business in a thriving commercial area. Contact us today to learn more about lease terms and space availability. Serious inquiries only.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,598,000
Market price range: $2.41M - $5.47M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,665,000 Current use
- RETAIL STORES
- $4,000,000 Change: +9% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,800,000 Change: +4% Conversion: Difficult
- MEDICAL BUILDING
- $3,635,000 Change: -1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Selma
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.2864
- Latitude
- 35.5165
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
