150 Jones StTrenton, NC 28585

Property Details for 150 Jones St

Year built

1959

Lot size

0.39 AC

Property size (Sq ft)

4,544 SF

Property type

Banks

APN

4498-22-1189-00

APU

449822118900

Description

This exceptional single-tenant retail or office building, totaling 4,544 square feet, presents a unique opportunity in the heart of Trenton, North Carolina. Situated on a 0.39-acre lot at the highly visible corner of West Jones Street and Cherry Street, this freestanding building offers excellent street exposure and accessibility. The property boasts a convenient drive-thru, a significant advantage for various businesses. With a daily traffic count of 7,100 vehicles on West Jones Street, this location ensures high visibility and potential customer traffic. The building is currently vacant and ready for immediate occupancy. The property's zoning allows for most financial institutions, making it ideal for a bank branch, credit union, or similar financial services business. The single-story structure provides ample space for a variety of uses, offering flexibility for potential tenants. This prime location in downtown Trenton provides easy access to local amenities and a strong customer base. The property's size and location make it an attractive investment opportunity for businesses seeking a high-traffic, easily accessible location in a thriving community. The building's previous use as a bank branch provides a solid foundation for a variety of potential tenants. This is a rare opportunity to secure a well-located, versatile commercial property in a desirable North Carolina market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,619,114

  6.5%

  $1,494,567

  7%

  $1,387,812

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,031,294

  Geo Method

  $2,628,435

• Alternative Use

  Use

  Valuation

  Residential

  $1,260,723

  Hospitality

  $1,154,816

  Educational

  $960,793

  Medical

  $993,836

  Retail

  $1,494,567

Location Insight

City

Trenton

County

Jones

State

North Carolina

Latitude

35.0637

Longitude

-77.355

CBSA code

35100

CBSA name

NEW BERN, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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