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Property profile & analytics
OFF-MARKET
Commercial real estate

506 Park St Williamston, NC 27892

Property ID
US53-4097036
Property summary
AI-generated overview

This exceptional 1.04-acre commercial lot presents a unique investment opportunity in the thriving town of Williamston, North Carolina. Strategically located near the intersection of Highway 17/13 and Park Street, this property boasts 166 feet of road frontage on Park Street, providing excellent visibility and accessibility. The lot is situated behind a well-established car wash and gas station, benefiting from the high traffic volume in this busy commercial area. Convenient ingress and egress is provided via an easement through the car wash's parking lot, ensuring seamless access to Highway 17. The property's size, totaling 45,421 square feet, offers ample space for a variety of commercial developments. Please note that the property is not suitable for car wash operations. This prime location and generous lot size make this an ideal site for entrepreneurs seeking a high-traffic location to establish their business. The asking price of $49,000 represents a compelling value for this strategically positioned commercial land parcel in a growing North Carolina community. The property is located in Martin County, North Carolina, with the address being 506 Park St, Williamston, NC 27892.

Property profile
Verified
Property type Commercial real estate
UPID US53-4097036
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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