Property summary
This exceptional commercial property, located at 5385 River Road in Washington, North Carolina, presents a unique investment opportunity. Boasting a substantial 2,740 square feet of space, this versatile property sits on a sizable 0.67-acre lot, offering ample room for expansion or outdoor utilization. The property's "Other" classification allows for a wide range of potential uses, making it ideal for businesses seeking a flexible and adaptable space. Its prime location on River Road provides excellent visibility and accessibility, ensuring high traffic and potential customer reach. The asking price of $799,000 represents a compelling value for a property of this size and location in Washington, NC. This property is ready for immediate occupancy and presents a blank canvas for a discerning buyer to create a thriving business venture. The substantial lot size offers significant potential for future development or expansion, catering to a variety of business needs. Given its size, location, and versatility, this property is an exceptional opportunity for investors and entrepreneurs alike seeking a strong foothold in the Washington, NC market. Serious inquiries are encouraged to explore the full potential of this remarkable commercial offering. The property is currently available for immediate purchase.
Property profile
VerifiedCap rate & NOI
Current use
-
Grocery & Convenience Store
-
Gas Station
-
Bank Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.