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    Property profile & analytics

    124 Wagner St Troutman, NC 28166-9627

    • Medical offices
    • 3,690 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $840,000
    Last Sale
    Oct 28, 2021
    $854,500
    Location Intelligence
    Property ID
    US53-2370694
    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

    • Medical offices

    Property Details for 124 Wagner St

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.10 lot acres
    Property size
    3,690 SF
    Zone code
    CB
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    4731-95-2419.000
    APU
    4731952419000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $825,000

    • CAP approach

      CAP return
      Estimation
      6%
      $915,000
      6.5%
      $830,000
      7%
      $845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $880,000
      Geo Method
      $940,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $960,000
      Retail
      $960,000
      Mixed-Use
      $685,000
      Hospitality
      $895,000
      Educational
      $705,000
      Residential Income
      $870,000
      Energy
      $965,000
      Income-Based Land
      $850,000
      Food Service
      $765,000

    Location Insight

    • Map
    • Local Demand
    City
    Troutman
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.889
    Latitude
    35.7013
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN 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
    2023
    $1,697
    $24,480
    $129,760
    $154,240
    -
    $24,480
    $129,760
    $154,240

    Comparable in this City

    • Value Estimation
      $1,450,000
      7,341 SF

      700 Murdock Rd

      MEDICAL BUILDING • 7,341 SF
      700 Murdock Rd, Troutman, NC 28166
      View Details
    • Value Estimation
      $230,000
      3,398 SF

      204 Main St

      MEDICAL BUILDING • 3,398 SF
      204 Main St, Troutman, NC 28166-9530
      View Details
    • Value Estimation
      $225,000
      2,127 SF

      325 Main St

      MEDICAL BUILDING • 2,127 SF
      325 Main St, Troutman, NC 28166-9533
      View Details
    • Value Estimation by Request
      8,163 SF

      138 Iredell Ave

      HOMES (RETIRED, NURSING) • 8,163 SF
      138 Iredell Ave, Troutman, NC 28166-9511
      View Details
    • Value Estimation by Request
      8,764 SF

      333 Pilch Rd, Unit 385

      OFFICE BUILDING • 8,764 SF
      333 Pilch Rd, Troutman, NC 28166-8782
      View Details
    • Value Estimation
      $385,000
      9,950 SF

      837 Main St

      OFFICE BUILDING • 9,950 SF
      837 Main St, Troutman, NC 28166-8530
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Charlotte Highway Commercial Property

      Commercial property on Charlotte Highway with high traffic volume.
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    • $2,900,000
      42.25 Acres

      42-Acre Commercial Development Opportunity

      42 acres near I-77, rezoned commercial, ideal for development.
      134 Iredell Ave, Troutman, NC 28166
      View Details
    • $99,000
      2.30 Acres

      Troutman Land with Existing Utilities

      2.3 acres in Troutman with well and septic in place.
      154 Winford Rd, Troutman, NC 28166
      View Details
    • $9,500,000
      49.88 Acres

      Residential Land in Gated Community

      49.88 acres for a 45-48 lot subdivision near Mooresville.
      228 Fern Hill Rd, Troutman, NC 28166
      View Details
    • $10,150,000
      145,244 SF

      Troutman Industrial Facility For Sale

      145,244 SF industrial facility with cranes and ample parking.
      250 Old Murdock Rd, Troutman, NC 28166
      View Details
    • $163,850
      0.74 Acres

      Residential Land in Troutman, NC

      Pristine lot in new neighborhood near Mooresville, Statesville, Charlotte.
      134 Honeycutt Rd, Troutman, NC 28166
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      53,000 SF

      Troutman Retail Center Investment

      Prime Food Lion-anchored center, 15 suites available.
      1127 Charlotte Hwy, Troutman, NC 28166
      View Details
    • Contact for pricing

      2.6 Acres Near I-77 Exit

      2.6 acres for ground lease near I-77 in Troutman.
      S Main St, Troutman, NC 28166
      View Details
    • $225,625
      242,978 SF

      Troutman Commercial Land Opportunity

      Almost 6 acres in the heart of Troutman, North Carolina.
      694 N Main St, Troutman, NC 28166
      View Details
    • $7 SF/Yr
      14,400 SF

      Troutman Heavy Industrial Facility

      14,400 sq ft industrial building for lease in Troutman, NC.
      344 Field Dr, Troutman, NC 28166
      View Details
    • $5 SF/Yr
      301,000 SF

      Distribution Facility in Iredell County

      301,000 SF distribution facility with easy highway access.
      279 Old Murdock Rd, Troutman, NC 28166
      View Details
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    124 Wagner St
    Troutman, NC 28166-9627
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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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