118 Church StAtkinson, NC 28421

Property Details for 118 Church St

Year built

1901

Lot size

0.06 AC

Property size (Sq ft)

1,186 SF

Zone code

RA

Property type

Retail properties

Property subtype

Retail space

APN

2258-04-0380-0000

APU

22580403800000

Description

This exceptional commercial land offering in Atkinson, North Carolina, presents a unique investment opportunity. Encompassing a total of 0.793 acres, this property is comprised of three contiguous parcels, identified as 2258-04-0216-0000, 2258-04-0232-0000, and 2258-04-0188-0000, all sold together as a single unit. Located at 118 E Church Street, Atkinson, NC 28421, this property is zoned for commercial use and offers significant potential for development. The site is conveniently located within Pender County, providing easy access to local amenities and transportation routes. With its substantial size and prime location, this land parcel is ideal for a variety of commercial ventures, offering investors a chance to build and establish a thriving business. The absence of existing structures allows for complete design flexibility, catering to diverse development plans. This is a rare opportunity to acquire a sizable, well-situated commercial lot in a growing area. The property is ready for immediate development, making it an attractive prospect for both seasoned investors and new entrepreneurs seeking to establish a presence in the thriving Atkinson market. The latitude and longitude coordinates are 34.5283405, -78.1697365. This is a single-tenant property.

• CAP approach

  CAP return

  Valuation

  6%

  $422,595

  6.5%

  $390,087

  7%

  $362,224

• Comparable approach

  Method

  Valuation

  Relative Method

  $791,178

  Geo Method

  $686,031

• Alternative Use

  Use

  Valuation

  Residential

  $329,053

  Hospitality

  $301,411

  Educational

  $250,770

  Medical

  $259,395

  Retail

  $390,087

Location Insight

City

Atkinson

County

Pender

State

North Carolina

Latitude

34.5283

Longitude

-78.1697

CBSA code

48900

CBSA name

WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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