Property profile

119 2nd Ave Siler City, NC 27344

OFF-MARKET
Retail space
Property ID
US53-0327963
2,639 SF 0.07 ac lot Built 1957
Individually Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,639 SF
Lot 0.07 ac (2,962 SF)
Zoning code C-C
APN 76547
UPID US53-0327963

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 27344-3456
Siler City metro Census 20401 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$165k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2023
Last sale
$150,000
3 recorded transactions
2023
Price N/A
2005
$150,000
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
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 119 2nd Ave?
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