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105 N Patterson St 4,836 SF Office Building Maxton, NC 28364 $248,050 CAD ($51.29 CAD/SF) 9.60% Cap Rate
Executive Summary
105 N Patterson Street is a single-tenant income-producing investment opportunity in downtown Maxton, NC. The property is leased to H&R Block, which has operated at this location since 1997. This opportunity offers consistent in-place income with a lease structure that includes limited landlord responsibilities.
4,750 SF single-tenant building on 0.16-acre lot
Leased to H&R Block through April 30, 2028
H&R Block has occupied the building since 1997
Tenant pays utilities and reimburses taxes and insurance
Landlord responsible for roof, structure, foundation, and exterior walls
Tenant responsible for interior maintenance, including HVAC, plumbing, and electrical
Current Rent: $16,800 annually
Built in 1968
Both HVAC replaced in 2024
End cap building in downtown central business district with great visibility
Central Business District (CB) zoning
Pricing: Call Broker
4,750 SF single-tenant building on 0.16-acre lot
Leased to H&R Block through April 30, 2028
H&R Block has occupied the building since 1997
Tenant pays utilities and reimburses taxes and insurance
Landlord responsible for roof, structure, foundation, and exterior walls
Tenant responsible for interior maintenance, including HVAC, plumbing, and electrical
Current Rent: $16,800 annually
Built in 1968
Both HVAC replaced in 2024
End cap building in downtown central business district with great visibility
Central Business District (CB) zoning
Pricing: Call Broker
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Building Size
4,836 SF
Building Class
C
Year Built
1968
Price
$248,050 CAD
Price Per SF
$51.29 CAD
Cap Rate
9.60%
NOI
$23,813 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,836 SF
Building FAR
0.69
Lot Size
0.16 AC
Zoning
CB
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 3306-02-020 | Improvements Assessment | $138,991 CAD |
| Land Assessment | $27,855 CAD | Total Assessment | $166,846 CAD |
Property Taxes
Parcel Number
3306-02-020
Land Assessment
$27,855 CAD
Improvements Assessment
$138,991 CAD
Total Assessment
$166,846 CAD
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105 N Patterson St
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