Technical
Financial
Distress signals
Property profile

1280 Dixie Dr Asheboro, NC 27203

OFF-MARKET
Grocery and convenience stores
Property ID
US53-4052610
28,917 SF 1.1 ac lot Built 2014
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2014
Total area 28,917 SF
Lot 1.1 ac (47,916 SF)
Zoning code B2
APN 7760596251
UPID US53-4052610

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station

Location

1280 Dixie Dr Asheboro, NC 27203-8856
Asheboro metro Census 30806 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.33M
Blend (final) Blend
$2.39M

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Asheboro, NC
Zoning description

The B2 General Commercial District is intended to serve the convenience goods, shoppers goods retail and service needs of the motoring public, both local and transient, This district should always be located with access…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $2.6M +387.0%
Office building $2.6M +375.8%
Auto repair, garage $2.2M +304.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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