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    314 N Fayetteville St Asheboro, NC 27203

    For Sale
    $850,000

    Remarks - Asheboro, NC

    Days on Market:
    206
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 314 N Fayetteville St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2

    Building Details

    Year built
    1960
    Architectural style
    Other

    RE/MAX Central Realty (336) 626-5600 [email protected]

    Listing agent H.R. Gallimore (336) 626-5600

    Listing date May 23, 2025

    MLS# 1106573 Listing URL

    Copyright © 2025 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Asheboro Central Business District Property

    This property, situated in Asheboro's Central Business District, spans over one acre and includes three buildings. The location is on a corner lot with a traffic signal, directly across the street from the Randolph Hospital campus. The primary structure is an office building with a size of approximately 6,000 square feet, constructed in 1960. Additionally, there is a garage building of approximately 1,500 square feet, built in 1940, and a brick accessory building constructed in 1962.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.81293
    Latitude
    35.709592

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    FAQs

    What type of property is this?
    Office building - Three buildings on over one acre in Asheboro's business district.
    Where is this office building located?
    The property is located at 314 N Fayetteville St Asheboro, NC.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Over one acre in Asheboro Central Business District.; - Located across the street from Randolph Hospital campus.; - Corner lot with traffic signal.
    (336) 626-5600
    Request Owner's contact information
    314 N Fayetteville St Asheboro, NC 27203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    314 N Fayetteville St Asheboro, NC 27203
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