512 Berkeley BlvdGoldsboro, NC 27534

Property Details for 512 Berkeley Blvd

Year built

1980

Construction

WOOD

Lot size

0.37 AC

Property size (Sq ft)

4,866 SF

Zone code

NB

Property type

Auto shops

APN

3519439033

APU

3519439033

Description

This exceptional commercial property, located at 512 N BERKELEY Boulevard in Goldsboro, North Carolina, presents a unique investment opportunity. The building boasts a substantial 2,952 square feet of space, offering ample room for a variety of commercial uses. Situated on a sizable 0.38-acre lot, the property provides generous outdoor space, potentially suitable for parking, expansion, or landscaping. The asking price is $700,000. The property's classification is listed as "Other," suggesting flexibility in its potential applications. Its location in Goldsboro offers access to a growing community and established infrastructure. This presents a compelling opportunity for entrepreneurs and investors seeking a versatile commercial space with significant potential for growth and development. The property's size and location make it ideal for a range of businesses, from retail and office spaces to light industrial uses. Further investigation into zoning regulations and permitted uses is recommended to fully explore the possibilities. Serious inquiries are encouraged to explore this promising commercial real estate offering. The property is ready for its next chapter, and awaits a visionary owner to unlock its full potential. This is a chance to acquire a well-positioned commercial asset in a thriving North Carolina market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,733,849

  6.5%

  $1,600,476

  7%

  $1,486,156

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,246,100

  Geo Method

  $2,814,693

• Alternative Use

  Use

  Valuation

  Residential

  $1,350,062

  Hospitality

  $1,236,649

  Educational

  $1,028,878

  Medical

  $1,064,262

  Retail

  $1,600,476

Location Insight

City

Goldsboro

County

Wayne

State

North Carolina

Latitude

35.3749

Longitude

-77.9435

CBSA code

24140

CBSA name

GOLDSBORO, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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