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116 South Durham Avenue
Creedmoor, NC 27522
Asking Price
$690K
Asset Type
Commercial Retail
Class
Class B
What's Special
1.13 AC Commercial Site for Sale <p><span style="color: rgba(33, 37, 41, 1)">Lot Size: 1.13 aces</span></p><p><span style="color: rgba(33, 37, 41, 1)">Zoning: C-15 (Commercial)</span></p><p><span style="color: rgba(33, 37, 41, 1)">PIN: 088620824122</span></p><p><span style="color: rgba(33, 37, 41, 1)">Pricing: $690,000.00</span></p><p><span style="color: rgba(33, 37, 41, 1)">Traffic: 7,500 vehicles per day (ADT)</span></p><p><span style="color: rgba(33, 37, 41, 1)">Frontage: 200' of frontage on Hwy 15 & S. Durham Ave</span></p>
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NOI
$80,000
Cap Rate
11.59%
DSCR
1.95
Strong
Cash-on-Cash
18.86%
Monthly Payment
$3,413.744
Annual Cash Flow
$39,035.078