1112 Nash StWilson, NC 27893

Property Details for 1112 Nash St

Year built

1923

Lot size

0.04 AC

Property size (Sq ft)

940 SF

Property type

Office buildings

APN

3722-05-4436.000

APU

3722054436000

Description

This exceptional 1,440-square-foot office building, situated on a prominent main road leading to downtown Wilson, North Carolina, presents a compelling investment opportunity. Built in 1923, this single-story structure sits on a half-acre lot and is zoned for office use. The property boasts a versatile layout ideal for various office configurations, including creative, medical, or traditional office spaces. Features include a welcoming waiting area, a secure reception area, four individual offices, and a rear conference/staff room or private office complete with its own restroom and convenient exterior access. An additional ADA-compliant restroom ensures accessibility. The building's 1,440 square feet of air rights match the net rentable square footage, offering flexibility for future expansion or modifications. The asking price is $295,000, translating to $204.86 per square foot. This property represents a rare chance to acquire a well-located, established office building in a thriving North Carolina community. The address is 1112 Nash Street North, Wilson, NC 27893.

• CAP approach

  CAP return

  Valuation

  6%

  $227,850

  6.5%

  $210,323

  7%

  $195,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $248,838

  Geo Method

  $215,768

• Alternative Use

  Use

  Valuation

  Residential

  $260,801

  Hospitality

  $238,892

  Educational

  $198,756

  Medical

  $205,591

  Retail

  $309,175

Location Insight

City

Wilson

County

Wilson

State

North Carolina

Latitude

35.7385

Longitude

-77.9202

CBSA code

48980

CBSA name

WILSON, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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