Property profile

720 W Main St Jamestown, NC 27282

FOR SALE
Office Spaces
Property ID
US53-1707332
1,440 SF 1.03 ac lot Built 1834
Individually Owned 20-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • Dental Office
  • Law Firm
  • Engineering Consultant
  • Hair Salon Nail Salon

Location

720 W Main St Jamestown, NC 27282
Jamestown metro Census 16409 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2006
2 recorded transactions
2006
$1.5M
1969
Price N/A

Zoning & alternative use

C · Jamestown, NC
Zoning description

The purpose of C zone is to provide mode of transportation is the automobile and retail and office.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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