917-919 Marine BlvdJacksonville, NC 28540

Property Details for 917-919 Marine Blvd

Year built

1950

Lot size

0.17 AC

Property size (Sq ft)

4,950 SF

Zone code

CC

Property type

Commercial real estate

APN

16643

APU

16643

Description

This exceptional commercial property, located at 917-919 N N. Marine Boulevard in Jacksonville, North Carolina, presents a unique investment opportunity. The building boasts a substantial 4,950 square feet of space, offering significant flexibility for a variety of commercial uses. Situated on a conveniently sized 0.18-acre lot, the property provides ample space for parking and potential expansion. The asking price is $595,000, representing a compelling value in the current market. The property's address places it in a high-traffic area with excellent visibility, ensuring strong potential for attracting customers and clients. Its versatile layout allows for customization to suit diverse business needs, making it an ideal choice for entrepreneurs and established businesses alike. The property is ready for immediate occupancy, eliminating lengthy renovation periods and allowing for a swift start to operations. This is a rare opportunity to acquire a well-located, spacious commercial property in a thriving North Carolina market. Serious inquiries are encouraged to explore the full potential of this exceptional offering. The property's size and location make it suitable for a wide range of commercial ventures, from retail spaces to offices, and even light industrial uses, subject to local zoning regulations. Don't miss this chance to secure a prime commercial asset in a dynamic and growing city.

• CAP approach

  CAP return

  Valuation

  6%

  $1,359,830

  6.5%

  $1,255,230

  7%

  $1,165,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,310,370

  Geo Method

  $1,136,220

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,713,910

  Retail / Commercial

  $1,344,180

  Mixed-Use / Specialty

  $1,301,950

  Hospitality / Lodging

  $906,464

  Office

  $1,255,230

  Institutional / Educational

  $1,340,130

  Residential Income

  $1,567,950

  Multifamily

  $2,088,030

  Automotive / Energy

  $1,148,680

  Parking / Income-Based Land

  $433,378

  Restaurant / Food Service

  $597,266

  Healthcare / Senior Housing

  $1,373,510

Location Insight

City

Jacksonville

County

Onslow

State

North Carolina

Latitude

34.7636

Longitude

-77.4123

CBSA code

27340

CBSA name

JACKSONVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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