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    Property profile & analytics

    120 Progress Dr Troy, NC 27371-8714

    • Parking lots & garages
    • 4,000 SF
    • 3.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 14, 2020
    $4,000
    Location Intelligence
    Property ID
    US53-4632690
    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

    • Parking lots & garages

    Property Details for 120 Progress Dr

    Year built
    2006
    Lot size
    3.21 lot acres
    Property size
    4,000 SF
    Zone code
    COMMERCIAL GARAGE
    Property type
    Parking lots & garages
    APN
    7527 00 28 8704
    APU
    752700288704

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Montgomery
    State
    North Carolina
    Longitude
    -79.9293
    Latitude
    35.3368

    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
    0
    $0.00
    $52,300
    $125,036
    $177,336
    -
    $52,300
    $125,036
    $177,336

    Comparable in this City

    • Value Estimation by Request
      3,700 SF

      227 Main St

      PARKING GARAGE, PARKING STRUCTURE • 3,700 SF
      227 Main St, Troy, NC 27371-2925
      View Details
    • Value Estimation by Request
      2,000 SF

      4923 Nc Hwy 109th N

      PARKING GARAGE, PARKING STRUCTURE • 2,000 SF
      4923 Nc Hwy 109th N, Troy, NC 27371-1930
      View Details
    • Value Estimation
      $420,000
      7,500 SF

      1143 Albemarle Rd

      PARKING GARAGE, PARKING STRUCTURE • 7,500 SF
      1143 Albemarle Rd, Troy, NC 27371-8685
      View Details
    • Value Estimation by Request
      14,557 SF

      1055 Albemarle Rd

      PARKING GARAGE, PARKING STRUCTURE • 14,557 SF
      1055 Albemarle Rd, Troy, NC 27371
      View Details
    • Value Estimation
      $470,000
      6,150 SF

      Albemarle Rd

      PARKING GARAGE, PARKING STRUCTURE • 6,150 SF
      Albemarle Rd, Troy, NC 27371
      View Details
    • Value Estimation
      $235,000
      3,600 SF

      207 Hurley Dairy Rd

      PARKING GARAGE, PARKING STRUCTURE • 3,600 SF
      207 Hurley Dairy Rd, Troy, NC 27371-8704
      View Details

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    120 Progress Dr
    Troy, NC 27371-8714
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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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