202 Broad StElizabethtown, NC 28337

Property Details for 202 Broad St

Year built

1991

Lot size

1.40 AC

Property size (Sq ft)

6,981 SF

Property type

Commercial real estate

APN

24153

APU

24153

Description

This exceptional commercial land parcel, located at 202 E Broad St, Elizabethtown, NC 28337, presents a unique investment opportunity. Situated on the corner of E Broad St and Courthouse Dr, this nearly half-acre lot is ideally positioned in the heart of downtown Elizabethtown, offering high visibility and accessibility. Its proximity to the Bladen County Courthouse ensures consistent high traffic flow, making it perfect for a variety of commercial ventures. The possibilities are endless

• CAP approach

  CAP return

  Valuation

  6%

  $1,917,770

  6.5%

  $1,770,250

  7%

  $1,643,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,848,020

  Geo Method

  $1,602,420

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,827,430

  Retail / Commercial

  $1,895,700

  Mixed-Use / Specialty

  $1,836,150

  Hospitality / Lodging

  $1,278,390

  Office

  $1,770,250

  Institutional / Educational

  $1,889,980

  Residential Income

  $2,211,280

  Multifamily

  $2,944,760

  Automotive / Energy

  $1,619,990

  Parking / Income-Based Land

  $611,195

  Restaurant / Food Service

  $842,326

  Healthcare / Senior Housing

  $1,937,070

Location Insight

City

Elizabethtown

County

Bladen

State

North Carolina

Latitude

34.6299

Longitude

-78.6075

Property Tax & Assessments

FAQs

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