216 Bickett BlvdLouisburg, NC 27549

Property Details for 216 Bickett Blvd

Year built

1997

Lot size

0.61 AC

Property size (Sq ft)

11,000 SF

Zone code

O I

Property type

Office properties

Property subtype

Office buildings

APN

16499

APU

16499

Description

This exceptional 2,036-square-foot executive office space is ideally situated at 216 N. Bickett Blvd in Louisburg, North Carolina, within Franklin County. The property is a single-tenant building, offering complete privacy and control. The entire 2,036 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a move-in ready space without the need for renovations or sharing common areas. The property's location in Louisburg offers a blend of accessibility and a quieter, more focused work environment. The address is conveniently located at 216 N. Bickett Blvd, with easy access to local amenities and transportation routes. The property type is classified as an office building, specifically an executive office suite, suggesting a higher level of finish and potentially more upscale features. This turnkey solution eliminates the hassle and expense associated with build-outs, allowing businesses to focus on their core operations from day one. The property's zip code is 27549, providing further location specificity for interested parties. This is a rare opportunity to secure a substantial, fully vacant office space in a desirable location. The property's size and single-tenant nature make it particularly attractive to businesses seeking a dedicated and private workspace. Interested parties are encouraged to inquire further to explore this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,666,334

  6.5%

  $2,461,232

  7%

  $2,285,429

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,911,936

  Geo Method

  $2,524,940

• Alternative Use

  Use

  Valuation

  Residential

  $3,051,927

  Hospitality

  $2,795,549

  Educational

  $2,325,864

  Medical

  $2,405,854

  Retail

  $3,618,010

Location Insight

City

Louisburg

County

Franklin

State

North Carolina

Latitude

36.0998

Longitude

-78.2941

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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