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    Property profile & analytics

    119 Main St Norwood, NC 28128-9603

    • Retail space
    • 3,570 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-0047820
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 119 Main St

    Year built
    1956
    Lot size
    0.07 lot acres
    Property size
    3,570 SF
    Zone code
    C-B
    Property type
    Retail space
    APN
    656302585619
    APU
    656302585619

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.12
    Latitude
    35.225
    CBSA code
    10620
    CBSA name
    ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,553
    $4,934
    $85,448
    $90,382
    -
    $4,934
    $85,448
    $90,382

    Comparable in this City

    • Value Estimation
      $170,000
      4,941 SF

      215 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,941 SF
      215 Main St, Norwood, NC 28128-9641
      View Details
    • Value Estimation
      $130,000
      2,800 SF

      128130 Main St, Unit 130

      RETAIL STORES (PERSONAL SERVICES) • 2,800 SF
      128130 Main St, Norwood, NC 28128-9603
      View Details
    • Value Estimation by Request
      3,060 SF

      317 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,060 SF
      317 Main St, Norwood, NC 28128
      View Details
    • Value Estimation
      $115,000
      3,600 SF

      482 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      482 Main St, Norwood, NC 28128-6437
      View Details
    • Value Estimation
      $515,000
      6,889 SF

      231 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,889 SF
      231 Main St, Norwood, NC 28128-9641
      View Details
    • Value Estimation by Request
      756 SF

      127 Main St

      RETAIL STORES (PERSONAL SERVICES) • 756 SF
      127 Main St, Norwood, NC 28128-9603
      View Details

    Similar Nearby for Sale

    • $550,000
      3,005 SF

      Norwood Retail Opportunity on Main

      Two buildings in Norwood's social district, potential restaurant use.
      127-135 S Main St, Norwood, NC 28128
      View Details
    • Contact for pricing

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      Acreage with a 1,280 SF building near Highway 52.
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    • $110,000
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      Land in Edgewater Community

      Land with access to clubhouse, pool, and lake amenities.
      Old Frst Ct, Norwood, NC 28128
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    • $125,900
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      Land Ready For New Build

      3.59 acre land parcel suitable for a new build.
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    • $550,000
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      Downtown Norwood Commercial Gem

      7,000 sq ft, 3 entrances, prime location
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      View Details
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    119 Main St
    Norwood, NC 28128-9603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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