1385 John Small AveWashington, NC 27889

  • Office properties
  • 3.90 AC
For Sale
$1,200,000 View listing

Property Details for 1385 John Small Ave

Year built
1992
Lot size
3.90 AC
Property type
Office properties
APN
5685-69-0193
APU
5685690193

Description

This exceptional 16,432 square foot commercial property, located at 1385 John Small Ave, offers a unique opportunity for multiple tenants. The single-story, Class C building sits on a 3.9-acre lot and is zoned B2, providing flexibility for a variety of uses. The space is currently fully vacant and divisible, with a minimum leasable area of 8,000 square feet and a maximum contiguous space of 16,432 square feet. The property features two suites, ideal for separate tenants or a single user requiring both office and warehouse space. Its strategic location off Highway 264 ensures high visibility and easy access, placing it within a rapidly growing area of Eastern North Carolina. The property benefits from its proximity to major retailers including Food Lion, Hardee's, Harbour Freight Tools, Dollar General, Domino's, and Subway, as well as ECU Health Beaufort Hospital, a significant local employer. This prime location offers exceptional visibility and access to a thriving commercial corridor. The property's size and divisibility make it suitable for a range of businesses seeking a versatile and well-situated space. Contact us today to learn more about this outstanding opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $31,519,242
    6.5%
    $29,094,686
    7%
    $27,016,494
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,066,238
    Geo Method
    $38,995,172
  • Alternative Use

    Use
    Valuation
    Residential
    $36,077,412
    Hospitality
    $33,046,714
    Educational
    $27,494,478
    Medical
    $28,440,056
    Retail
    $42,769,188
1385 John Small Ave, Washington, North Carolina

Location Insight

City
Washington
County
Beaufort
State
North Carolina
Latitude
35.545
Longitude
-77.0295
CBSA code
47820
CBSA name
WASHINGTON, NC MICROPOLITAN 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
$7,833
$144,151
$505,849
$650,000
-
$144,151
$505,849
$650,000

FAQs

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