Automotive
For Sale
$1,299,000
810 E Dixie Dr, Asheboro, NC 27203
Automotive property offered for sale at an Asheboro commercial address.
Property Size8,296 SF
Price / SF$156.58
Days on Market47
Property Features for 810 E Dixie Dr
General Information
Standard status
Active
Size
8,296 SF
Property subtype
Auto Parts
Lease Type
NN
Additional Details
Cap Rate
6.25%
Amenities
Top Performing Store Nationally
Long Operational History
Minimal Landlord Responsibilities
Building Details
Building Size
8,296 SF
Listing Agency:
New York City Office
Listed By:
Cohen Brown · License #License(s): NY: 10401397573
(212) 430-5100
Source:
Marcusmillichap
Added: Sep 16
Changed: Oct 26
Last Checked: Nov 1 at 2:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New York City Office
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive property is offered for sale at 810 E Dixie Dr in Asheboro, North Carolina. The property information identifies the asset as a national store with a reported property size of 8,296.
Key Highlights
- National store property
- 8,296 reported property size
- 810 E Dixie Dr, Asheboro, NC 27203
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,242
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,144,840
$2.1M
Cap Rate 7%
$1,532,029
$1.5M
Cap Rate 9%
$1,191,578
$1.2M
Market Conditions
NOI Build-Up for 8,296 SF
Gross rent
$157.3K $18.96/SF
− Vacancy
−$4.1K −$0.49/SF
EGI
$153.2K $18.47/SF
− OpEx
−$46.0K −$5.54/SF
NOI
$107.2K $12.93/SF
Area
Randolph County, NC
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,144,840
Cap Rate 7%
$1,532,029
Cap Rate 9%
$1,191,578
Alternative Uses
Best Use
Retail
$1.53M
$1.34M – $1.79M
NOI $107,242 @ 7.0% cap · market cap 8.26%
Second Best
Industrial
$472.1K
$413.1K – $550.8K
NOI $33,045 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$2.85M
$2.50M – $3.33M
NOI $199,763 @ 7.0% cap · market cap 15.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
147k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 26%
Apparel 6%
Home Improvements & Furnishings 3%
Cook Out
Dining
30,575 visits/mo
0.2 miles
Dunkin' Donuts
Dining
17,563 visits/mo
0.4 miles
Truliant Federal Credit Union
Shops & Services
11,230 visits/mo
0.5 miles
Hardee's
Dining
10,667 visits/mo
0.4 miles
Dollar General
Shops & Services
9,980 visits/mo
0.4 miles
Demographics for 27203, NC
21,869
Population
9,937
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
81%
High-School Grad
22.5 sq mi
ZIP Area
972
Density / Sq Mi
$47,506
Median Household Income
$32,900
Median Earnings
$852
Median Rent
$141,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Enterprise Rent-A-Car — 901 E Dixie Dr, Asheboro, NC 27203
Frequently Asked Questions
What type of property is this?
Automotive property - Automotive property offered for sale at an Asheboro commercial address.
Where is this automotive property located?
The property is located at 810 E Dixie Dr Asheboro, NC.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: National store property; 8,296 reported property size; 810 E Dixie Dr, Asheboro, NC 27203
