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    515 W Balfour Ave Asheboro, NC 27203

    For Sale
    $8,875,000

    Manufacturing/Industrial property in Asheboro, NC, with strategic location.

    Property size:
    265,944 SF
    Lot size:
    26.19 Acres

    Property Features for 515 W Balfour Ave

    General Information

    Size
    265,944 SF
    Lot size
    26.19 Acres

    Source: Binswanger - Corporate Agent Douglas M. Faris

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Asheboro Manufacturing/Industrial Property For Sale

    Located in Asheboro, NC, this property is suitable for manufacturing businesses. The area benefits from its proximity to major transportation routes and industrial centers, providing convenient access to suppliers and distribution networks. The property has a size of 265944 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kayser-Roth Corporation Manufacturer

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.8164986
    Latitude
    35.7470727

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    FAQs

    What type of property is this?
    Manufacturing property - Manufacturing/Industrial property in Asheboro, NC, with strategic location.
    Where is this manufacturing property located?
    The property is located at 515 W Balfour Ave Asheboro, NC.
    What is the asking price?
    The asking price for this property is $8,875,000.
    What are key features of this property?
    This property features: - Strategic location in Asheboro, NC.; - Proximity to major transportation routes.; - Easy access to suppliers.
    (215) 448-6000
    Request Owner's contact information
    515 W Balfour Ave 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
    515 W Balfour Ave Asheboro, NC 27203
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