Property profile

119 2nd Ave Siler City, NC 27344

OFF-MARKET
Auto shops
Property ID
US53-0836559
4,440 SF 0.22 ac lot Built 1950
Individually Owned 6-yr Hold
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,440 SF
Lot 0.22 ac (9,583 SF)
Zoning code C-C
APN 15242
UPID US53-0836559

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
  • Tanning Salon
  • (Bike/Boat/Book/etc) Store

Location

119 2nd Ave Siler City, NC 27344-3425
Siler City metro Census 20402 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2019
2 recorded transactions
2019
$46,500
1969
Price N/A

Zoning & alternative use

C-C · Siler City, NC
Zoning description

The C-C (central business) district is designed to accommodate a wide variety of commercial activities oriented towards pedestrians and which will result in the most intensive and attractive use of the town's central bus…

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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