2017 5Th StLumberton, NC 28358
- Retail properties
- 2,445 SF
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
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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