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Property profile & analytics
OFF-MARKET Estimated value $980,000
Investment properties

913 Arendell Ave Zebulon, NC 27597-2307

6,160 SF 0.75 ac lot Built 1916
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US53-2221509
Property summary
AI-generated overview

This exceptional commercial property, located at 913 N Arendell Avenue in the thriving town of Zebulon, North Carolina, presents a unique investment opportunity. Boasting over 6,000 square feet of finished space, this building offers significant potential for a variety of businesses. Its prime corner lot location ensures high visibility and easy access, making it an ideal choice for companies seeking strong brand recognition. The property includes ample parking, a significant advantage in a busy commercial area. Its strategic location offers convenient proximity to major highways, ensuring effortless commutes for employees and clients alike. Furthermore, its close proximity to shopping centers and the vibrant downtown area provides added convenience and accessibility. The DTP zoning classification allows for a wide range of flexible uses, providing considerable adaptability for future business needs and expansion possibilities. This one-acre lot offers significant potential for future development or expansion of existing operations. The asking price of $850,000 represents a compelling investment opportunity in a rapidly growing area. Don't miss this chance to secure a prominent commercial presence in Zebulon, NC.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1916
Total area 6,160 SF
Lot 0.75 ac (32,670 SF)
Zoning code DTP
APN 2705.05-17-8818 0044725
UPID US53-2221509
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Massey Funeral Home Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.31M
Comparable Approach Comparable
$705k
Blend (final) Blend
$980k
Owner & transaction history
Grm Ents INC · 20 yrs held
Grm Ents INC
since 2005
7 recorded transactions
2023
Price N/A
2022
Price N/A
2022
Price N/A
2005
$80,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
DTP · Zebulon, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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