110 Anderson StSelma, NC 27576

  • Office buildings
  • 1,736 SF
For Lease
$12.50/SF/YR View listing

Property Details for 110 Anderson St

Year built
1925
Lot size
0.05 AC
Property size (Sq ft)
1,736 SF
Zone code
COM
Property type
Office buildings
APN
14028067
APU
14028067

Description

This unique 4,094 sq ft Johnston County property, located at 110 W Anderson St, Selma, NC 27576, presents a rare blend of commercial and residential space. Built in 1910 and renovated in 2005, this single-tenant building sits on a 0.5-acre lot and is zoned CB. The ground floor offers a spacious retail area with high visibility, two bathrooms, a storage closet, and convenient front and back entrances. Upstairs, a charming one-bedroom apartment features a full bathroom, kitchen, and open living area, ideal for owner occupancy or additional office space. The property boasts a Class C rating and is situated in the Selma submarket, offering easy access to S Pollock Street. This versatile space is perfect for entrepreneurs seeking a live-work environment or businesses needing a high-profile location in historic downtown Selma. The building is two stories, with no elevators. The property's APN is 14028022. This is an exceptional opportunity to own a piece of Selma's rich history while enjoying modern conveniences.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $420,796
    6.5%
    $388,427
    7%
    $360,682
  • Comparable approach

    Method
    Valuation
    Relative Method
    $459,557
    Geo Method
    $398,481
  • Alternative Use

    Use
    Valuation
    Residential
    $481,650
    Hospitality
    $441,188
    Educational
    $367,064
    Medical
    $379,687
    Retail
    $570,988
110 Anderson St, Selma, North Carolina

Location Insight

City
Selma
County
Johnston
State
North Carolina
Latitude
35.5354
Longitude
-78.2831
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
-
$10,890
$123,220
$134,110
-
$10,890
$123,220
$134,110

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