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904 3Rd St Washington, NC 27889

OFF-MARKET Commercial real estate Google Maps
0.13 ac lot Built 1908
Estimated value
No estimation on file for this property yet.
Property ID US53-4404420

Property summary

AI-generated overview

This exceptional .13-acre commercial lot is situated at 904 W 3rd Street in the heart of Washington, North Carolina. Its prime location offers unparalleled exposure to high volumes of daily traffic, making it an excellent opportunity for a variety of commercial ventures. The property's size presents a manageable scale for development, suitable for smaller-scale businesses or as a strategic addition to an existing portfolio. The address is easily accessible, ensuring convenient access for customers and employees alike. The absence of existing structures allows for complete design flexibility, enabling the creation of a building tailored to specific business needs. This lot represents a rare chance to acquire a highly visible and strategically located piece of land in a thriving community. Given its size and location, this property is well-suited for a range of commercial uses, from retail spaces to professional offices, or potentially even a small-scale mixed-use development. The potential for return on investment is significant, given the property's location and the demand for commercial space in the area. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is offered at $249,900. Further details are available upon request.

Property profile

Verified
Property type Commercial real estate
Year built 1908
Lot 0.13 ac (5,663 SF)
UPID US53-4404420

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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