Property profile

802 Nash St Spring Hope, NC 27882

OFF-MARKET
Warehouses
Property ID
US53-2885772
8,064 SF 6.07 ac lot Built 1952
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 8,411-square-foot single-tenant property, located at 802 E Nash St, Spring Hope, NC 27882, presents a unique opportunity. The building offers a versatile blend of office and industrial space, ideally suited for a variety of businesses. Approximately 30% of the building is dedicated to warehouse space, providing ample storage or production area. The remaining space is configured as traditional office space, adaptable to various needs, including potential medical uses. A detailed room layout is available upon request. The property sits on a substantial 6+ acre lot, providing significant outdoor space, perfect for a company requiring yard space for equipment storage, material staging, or other operational needs. This makes it particularly attractive to construction or trade companies. The property's location in Spring Hope, North Carolina offers easy access to major transportation routes, enhancing logistical efficiency. The building is ready for immediate occupancy. This is a rare opportunity to acquire a versatile property with ample space and land in a desirable location. Contact us today to schedule a showing.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,064 SF
Lot 6.07 ac (264,409 SF)
Zoning code RA
APN 286019-62-1025
UPID US53-2885772

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

802 Nash St Spring Hope, NC 27882-8748
Spring Hope metro Census 11000 ROCKY MOUNT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2024
Last sale
$89,000
1 recorded transaction
2024
Price N/A

Zoning & alternative use

RA · Spring Hope, NC
Zoning description

a) RA, RESIDENTIAL-AGRICULTURAL DISTRICT. The purpose of this district is to allow agricultural activities and residential development at low rural densities in areas where public service are not available. b) R-30, LOW…

General category RESIDENTIAL

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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