2017 5Th StLumberton, NC 28358

Property Details for 2017 5Th St

Year built

1966

Construction

FRAME

Lot size

0.28 AC

Property size (Sq ft)

2,445 SF

Property type

Auto shops

APN

32410301501

APU

32410301501

Description

This 2704 square foot commercial property in Lumberton, NC, presents a unique investment opportunity. Previously a gas station, it's been successfully converted into a retail space and enjoys a highly visible location off I-95, ensuring excellent accessibility for both local and interstate traffic. The building's current configuration offers ample space for a variety of retail uses, but its adaptable design allows for subdivision into four separate suites, providing flexibility for multiple tenants or a single business requiring distinct areas. Surrounded by other commercial establishments, this property benefits from a high-traffic environment and strong customer visibility. The property is offered for sale at $250,000, but leasing options are also available. This prime location and versatile space make it an ideal choice for entrepreneurs seeking a thriving commercial presence in Lumberton. The property sits on a 0-acre lot. Don't miss this chance to acquire a well-positioned commercial asset with significant potential.

• CAP approach

  CAP return

  Valuation

  6%

  $887,467

  6.5%

  $819,200

  7%

  $760,686

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,586,573

  Geo Method

  $1,414,288

• Alternative Use

  Use

  Valuation

  Residential

  $691,026

  Hospitality

  $632,976

  Educational

  $526,629

  Medical

  $544,740

  Retail

  $819,200

Location Insight

City

Lumberton

County

Robeson

State

North Carolina

Latitude

34.6113

Longitude

-78.978

CBSA code

31300

CBSA name

LUMBERTON, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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