Technical
Financial
Distress signals
Property profile

107 Murphy St Madison, NC 27025

OFF-MARKET
Retail space
Property ID
US53-2206414
4,400 SF 0.05 ac lot Built 1922
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,350 square foot commercial property, located at 107 W Murphy St in Madison, North Carolina, presents a unique investment opportunity. Recently renovated, this versatile space boasts brand new flooring, wiring, a hot water heater, and HVAC system. Previously a flower shop, the property is fully equipped for event hosting, including tables, chairs, place settings, and decorations, making it ideal for various functions. Its adaptable layout also lends itself perfectly to retail or office use. Benefitting from high foot traffic and excellent signage visibility in Downtown Madison's thriving area, this property offers significant potential for growth. The 0.05-acre lot also includes a relaxing courtyard. Situated in a rapidly developing area of the Triad, this property represents a fantastic chance to capitalize on Madison's burgeoning commercial sector. The asking price is $225,000. Don't miss this chance to be part of Madison's exciting future.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1922
Total area 4,400 SF
Lot 0.05 ac (2,129 SF)
Zoning code TOWN CENTER DISTRICT MAD
APN 7916-20-71-6402-00
UPID US53-2206414

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

107 Murphy St Madison, NC 27025-1919
Madison metro Census 40800 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2022
Last sale
$250,000
4 recorded transactions
2022
$250,000
2017
$16,000
2016
$15,000
2013
$8,100

Zoning & alternative use

TOWN CENTER DISTRICT MAD · Madison, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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