801 Washington StWilliamston, NC 27892

Property Details for 801 Washington St

Lot size

0.20 AC

Zone code

OI

Property type

Office buildings

APN

501921

APU

501921

Description

This exceptional commercial property, located at 801 WASHINGTON Street in Williamston, North Carolina, presents a unique investment opportunity. The building offers a generous 1,674 square feet of space, providing ample room for a variety of business ventures. Situated on a conveniently sized 0.2-acre lot, the property offers potential for expansion or outdoor use, depending on the intended business application. The asking price is $165,000, representing a compelling value in the current market. The property's "Other" classification suggests versatility in its potential uses, making it suitable for a broad range of commercial enterprises. Its location in Williamston, NC offers access to a local community and potential customer base. The property's size and price point make it an attractive option for both established businesses seeking to relocate or expand, and entrepreneurs looking to establish a new presence in the area. Further due diligence is recommended to fully assess the property's suitability for specific business plans and to explore potential zoning regulations and development opportunities. This property is being offered as-is, and interested parties are encouraged to conduct thorough inspections before making an offer. The property's address is clearly identified as 801 WASHINGTON Street, Williamston, NC. Serious inquiries are welcome.

• CAP approach

  CAP return

  Valuation

  6%

  $1,801,610

  6.5%

  $1,663,020

  7%

  $1,544,240

• Comparable approach

  Method

  Valuation

  Relative Method

  $961,595

  Geo Method

  $1,966,700

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,295,330

  Retail / Commercial

  $1,685,670

  Mixed-Use / Specialty

  $1,676,390

  Hospitality / Lodging

  $1,225,650

  Institutional / Educational

  $1,741,600

  Residential Income

  $2,037,670

  Multifamily

  $2,462,020

  Automotive / Energy

  $1,492,800

  Parking / Income-Based Land

  $518,381

  Restaurant / Food Service

  $864,919

  Healthcare / Senior Housing

  $1,722,460

Location Insight

City

Williamston

County

Martin

State

North Carolina

Latitude

35.8448

Longitude

-77.0614

Property Tax & Assessments

FAQs

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