706 Berkeley BlvdGoldsboro, NC 27534

Property Details for 706 Berkeley Blvd

Year built

1993

Construction

WOOD

Lot size

0.42 AC

Property size (Sq ft)

5,764 SF

Zone code

O&I

Property type

Office buildings

APN

123519539599

APU

123519539599

Description

This exceptional commercial property, located at 706 N BERKELEY Boulevard in Goldsboro, North Carolina, presents a unique investment opportunity. The building boasts a substantial 5,264 square feet of space, offering significant flexibility for a variety of commercial uses. Situated on a generous 0.42-acre lot, the property provides ample room for expansion, parking, or outdoor activities related to the business. The asking price is $975,000, representing a compelling value for a property of this size and location in Goldsboro. The property's "Other" classification suggests a broad range of potential applications, making it ideal for entrepreneurs and businesses seeking a versatile space to establish or expand their operations. Its location in Goldsboro offers access to a growing market and a strong local economy. The substantial square footage allows for multiple tenants or a single large-scale operation. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are readily available upon request. This is a prime opportunity to acquire a significant commercial asset in a desirable location. Don't miss out on this chance to secure a valuable piece of Goldsboro real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $1,397,159

  6.5%

  $1,289,685

  7%

  $1,197,565

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,525,855

  Geo Method

  $1,323,068

• Alternative Use

  Use

  Valuation

  Residential

  $1,599,210

  Hospitality

  $1,464,868

  Educational

  $1,218,752

  Medical

  $1,260,667

  Retail

  $1,895,837

Location Insight

City

Goldsboro

County

Wayne

State

North Carolina

Latitude

35.3764

Longitude

-77.9399

CBSA code

24140

CBSA name

GOLDSBORO, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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