Property profile

11585 Nc Hwy 42nd E Middlesex, NC 27557

OFF-MARKET
Grocery and convenience stores
Property ID
US53-2991859
2,046 SF 2.49 ac lot Built 1963
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1963
Total area 2,046 SF
Lot 2.49 ac (108,464 SF)
Zoning code COM
APN 11O03054
UPID US53-2991859

Cap rate & NOI

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

Location

11585 Nc Hwy 42nd E Middlesex, NC 27557-8701
Middlesex metro Census 40206 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2014
2 recorded transactions
2014
$175,000
2011
Price N/A

Zoning & alternative use

COM · Middlesex, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11585 Nc Hwy 42nd E?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message