Property profile

116 Main St Carrboro, NC 27510

OFF-MARKET
Office buildings
Property ID
US53-1589914
1,782 SF 0.05 ac lot Built 1942
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1942
Total area 1,782 SF
Lot 0.05 ac (2,178 SF)
Zoning code B1C
APN 9778-86-9178
UPID US53-1589914

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Recording Studio
  • (Bike/Boat/Book/etc) Store
  • Hotel & Motel Resort
  • Real Estate Agency
  • Vocational School Training Center

Location

116 Main St Carrboro, NC 27510-2308
Carrboro metro Census 10705 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2016
3 recorded transactions
2016
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

B1C · Carrboro, NC
Zoning description

(1) B-1(C) TOWN CENTER BUSINESS. This district is designed to encourage and accommodate a unified, compact, contiguous shopping and entertainment area focused around restaurants, specialty shops, arts and crafts. This ar…

General category COMMERCIAL

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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