823 13Th St, Erwin, NC 28339
This exceptional 4,450 square foot flex space, located at 823 S 13th Street in Erwin, North Carolina, presents a compelling investment opportunity. Situated on a 1.33-acre lot, this property boasts approximately 270 feet of road frontage along Highway 217/82/S. 13th Street and an additional 203 feet of frontage along Iris Bryant Road. The property comprises four parcels, all zoned B2, and includes three vacant lots and a commercial building previously used as a service station with four bays. The building, constructed in 1945, features a block construction and slab foundation. The 12 parking spaces offer ample room for customers and employees. Utilities include electricity, sewer, telephone, and water. This versatile property is ideal for a variety of businesses, offering the potential for renovation or redevelopment. The asking price is $450,000, with financing options including cash and conventional loans. This prime location in the heart of Erwin provides excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.