506 Park St Williamston, NC 27892
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.