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    Property profile & analytics

    128 No22 Hoffman, NC 28347

    • Commercial real estate
    • 1,104 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-3436423
    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

    • Commercial real estate

    Property Details for 128 No22

    Year built
    1960
    Lot size
    3.00 lot acres
    Property size
    1,104 SF
    Property type
    Commercial real estate
    APN
    843602584533
    APU
    843602584533

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hoffman
    County
    Richmond
    State
    North Carolina
    Longitude
    -79.5497
    Latitude
    35.036
    CBSA code
    40460
    CBSA name
    ROCKINGHAM, 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
    $175
    $23,240
    $100
    $23,340
    -
    $23,240
    $100
    $23,340

    Comparable in this City

    • Value Estimation
      $240,000
      2,318 SF

      199 Glider Rd

      COMMERCIAL (GENERAL) • 2,318 SF
      199 Glider Rd, Hoffman, NC 28347-9775
      View Details
    • Value Estimation by Request
      6,000 SF

      Tilley St

      COMMERCIAL (GENERAL) • 6,000 SF
      Tilley St, Hoffman, NC 28347
      View Details
    • Value Estimation by Request
      1,200 SF

      267 Blues Brg Rd

      COMMERCIAL (GENERAL) • 1,200 SF
      267 Blues Brg Rd, Hoffman, NC 28347-8903
      View Details
    • Value Estimation by Request
      1,280 SF

      4019 Us 1st Hwy

      COMMERCIAL (GENERAL) • 1,280 SF
      4019 Us 1st Hwy, Hoffman, NC 28347
      View Details
    • Value Estimation by Request
      3,840 SF

      158 Rushing Rd

      COMMERCIAL (GENERAL) • 3,840 SF
      158 Rushing Rd, Hoffman, NC 28347-9730
      View Details
    • Value Estimation
      $510,000
      6,000 SF

      3569 1st Hwy

      COMMERCIAL (GENERAL) • 6,000 SF
      3569 1st Hwy, Hoffman, NC 28347-9800
      View Details
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    128 No22
    Hoffman, NC 28347
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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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