Property profile

831 Main St 837 Murfreesboro, NC 27855

OFF-MARKET
Community centers
Property ID
US53-4225817
25,900 SF 2.76 ac lot Built 1983
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

Chowan Village, located at 831 W Main St, Murfreesboro, NC 27855, offers exceptional retail opportunities in a thriving community. This multi-tenant property boasts a total of 30,153 square feet, with 15,485 square feet currently available for lease. Spaces range from a minimum of 2,870 square feet to a maximum contiguous space of 8,415 square feet, providing flexibility for various business needs. The center enjoys high visibility on Main Street and benefits from strong co-tenancy, including a Dollar Tree/Family Dollar combo store, Roses, H&R Block, and Subway. Its strategic location offers close proximity to a Food Lion, the only one within a 15-mile radius, ensuring significant foot traffic and customer accessibility. Additional nearby businesses include Dollar General, Advance Auto Parts, Ace Hardware, McDonald's, and DaVita, further enhancing the area's commercial appeal. This prime retail location presents a unique opportunity to establish or expand your business in a vibrant and well-established commercial area of Murfreesboro, North Carolina. The property is comprised of seven total suites.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1983
Total area 25,900 SF
Lot 2.76 ac (120,226 SF)
Zoning code C2
APN 5958-44-8874
UPID US53-4225817

Cap rate & NOI

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

Location

831 Main St, Unit 837 Murfreesboro, NC 27855-1513
Murfreesboro metro Census 950101
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$805k

Owner & transaction history

since 2020
Last sale
$667,000
2 recorded transactions
2020
$667,000
2017
$2.2M

Zoning & alternative use

C2 · Murfreesboro, NC

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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