Financial
Distress signals
Property profile

120 Progress Dr Troy, NC 27371

OFF-MARKET
Parking lots & garages
Property ID
US53-4632690
4,000 SF 3.21 ac lot Built 2006
Last sale Jan 2006 · $4,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A single-story metal building is situated off Highway 24/27 within the Town of Troy Business Center, on a 3.21-acre site. The property includes three drive-in door bays and a gravel yard that supports on-site parking, with surrounding woods on the remainder of the lot. The interior layout features two private office areas and a restroom/locker room area. The building provides approximately 4,000 square feet of usable space and is configured for commercial use with direct access to the drive-in bays.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$177k
Assessed land$52k
Assessed improvement$125k

Value estimate

· Sep 2026
$245k
$221k – $270k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
COMMERCIAL GARAGE
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop8.3
Convenience Store8.3
Auto Repair Shop7.9

Location

120 Progress Dr Troy, NC 27371-8714
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 11 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
841 Main, Troy, NC 27371-2507 $265,000 Aug 2022 960 SF
703 Railroad, Troy, NC 27371-2718 $250,000 Dec 2020 4,448 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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