Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $2,300,000
    Automotive properties

    702 George St, Goldsboro, NC 27530-2428

    0.95 ac lot
    Trust Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-4600701
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents the fee simple ownership of a brand-new, 12,668 square foot Dollar General store in Goldsboro, North Carolina. The property boasts a 15-year absolute NNN lease with five 5-year options, ensuring long-term, stable income. The lease includes a 5% rent increase every five years, providing built-in protection against inflation. Located on a 2.06-acre lot at 702 N George St, the single-story building features 49 parking spaces and benefits from excellent visibility and accessibility. The property is zoned GB - General Business & I-2 - General Industry. The strong tenant, Dollar General, is backed by a corporate guarantee, minimizing risk. With a current NOI of $159,168 and a 6.65% cap rate, this property offers a compelling return on investment. The property's proximity to Berkeley Mall (458,000+ sq ft), UNC Health Wayne (245 beds), and Goldsboro High School (470 students) further enhances its value and potential for future growth. Built in 2024, this is a truly passive investment opportunity with zero landlord responsibilities. The asking price is $2,394,000.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Lot 0.95 ac (41,550 SF)
    Zoning code GB
    APN 2599991127
    UPID US53-4600701
    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
    AI Approach AI
    $1.87M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.30M
    Owner & transaction history
    Armand E Brachman Revocable Trust · 1 yrs held
    Armand E Brachman Revocable Trust
    since 2025
    Last sale
    $2.3M
    4 recorded transactions
    2025
    $2.3M
    2024
    2024
    $167,000
    2015
    Zoning & alternative use
    GB · Goldsboro, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 702 George St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message