2920 Horace Watson RdWilson, NC 27893

Property Details for 2920 Horace Watson Rd

Year built

1993

Lot size

2.13 AC

Property size (Sq ft)

5,403 SF

Property type

Office buildings

APN

3710-67-2414.000

APU

3710672414000

Description

This exceptional 5,403-square-foot flex building is situated on a spacious 2.13-acre lot at 2920 Horace Watson Road in Wilson, North Carolina. Conveniently located just over two miles from I-587, this single-tenant property offers unparalleled accessibility. Built in 1993, the one-story building features a 12-foot ceiling height and boasts a generous 28-space parking lot. The property includes a 10' x 11' x 2' drive-in door, perfect for loading and unloading. Inside, you'll find a well-appointed layout including a lobby, a conference room, and a break room, providing ample space for collaboration and relaxation. Two restrooms ensure convenience for employees and clients. Nine private offices are currently available, with the potential to create additional office spaces to suit your specific needs. The building is equipped with five energy-efficient electric heat pump units, installed in 2011, contributing to cost-effective operation. The property utilizes a septic system and county water service, ensuring reliable utilities. This versatile space is perfect for a variety of businesses seeking a functional and well-maintained industrial or flex space in a prime Wilson location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,309,655

  6.5%

  $1,208,912

  7%

  $1,122,561

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,430,290

  Geo Method

  $1,240,205

• Alternative Use

  Use

  Valuation

  Residential

  $1,499,051

  Hospitality

  $1,373,123

  Educational

  $1,142,422

  Medical

  $1,181,712

  Retail

  $1,777,101

Location Insight

City

Wilson

County

Wilson

State

North Carolina

Latitude

35.6891

Longitude

-77.9352

CBSA code

48980

CBSA name

WILSON, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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