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    OFF-MARKET
    Office Spaces

    720 Main St Ste A, Jamestown, NC 27282-9500

    1,440 SF 1.03 ac lot Built 1834
    Individually Owned 20-yr Hold Free & Clear
    Property ID
    US53-1707332
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 720 W Main St, Jamestown, NC 27282, presents a lucrative investment opportunity. The 1.03-acre lot features a main building totaling 11,128 square feet, currently fully leased to a diverse tenant mix. The green building houses a lower-level engineering firm and salon suites, and an upper-level dental office, all contributing to a strong, stable income stream. A separate, historically significant yellow building (built in 1834) adds 1,462 square feet of fully leased space. Finally, a red building offers 3,806 square feet, with a leased lower level and 2,066 square feet of vacant upper-level space ready for immediate lease-up. The property boasts a compelling 8.10% cap rate and is zoned C. The land value is $98.84 per square foot, reflecting the strategic location and high demand in this thriving area. This multi-building complex offers a blend of historical charm and modern functionality, making it an ideal investment for discerning buyers seeking a high-return, diversified portfolio addition. The property's strong tenant occupancy and diverse income streams provide a secure and profitable investment. The available vacant space presents an opportunity to increase rental income further. This is a rare chance to acquire a well-established, income-producing property in a desirable location. The asking price is $1,100,000. APN: 7811-77-8731.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1834
    Total area 1,440 SF
    Lot 1.03 ac (44,867 SF)
    Zoning code C
    APN 157745
    UPID US53-1707332
    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
    Current use
    Occupant on record · Public records
    • Top Tier Producers, LLC. Advertising Agency Marketing & Advertising
    • Ray Beshears DDS Dental Office
    • Farmer Ben Law Firm
    • Black Mountain Engineering PA Engineering Consultant
    • Ivy Walk Salon Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Parker Homebuilders · 20 yrs held
    Parker Homebuilders
    since 2006
    2 recorded transactions
    2006
    $1.5M
    1969
    Zoning & alternative use
    C · Jamestown, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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