Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1280 Macedonia Rd Spring Hope, NC 27882-8368

    • Warehouses
    • 39,162 SF
    • 31.16 lot acres
    OFF-MARKET
    Value Estimation
    $1,850,000
    Last Sale
    May 29, 2024
    $1,847,500
    Location Intelligence
    Property ID
    US53-2715741
    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

    • Spring Acres Sales Company / Association / Organization

    Property Details for 1280 Macedonia Rd

    Year built
    1974
    Lot size
    31.16 lot acres
    Property size
    39,162 SF
    Zone code
    A1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    279800-00-0836U
    APU
    279800000836U

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,850,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,885,000
      6.5%
      $1,890,000
      7%
      $1,865,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,860,000
      Geo Method
      $1,965,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,770,000
      Retail
      $1,775,000
      Mixed-Use
      $1,670,000
      Hospitality
      $1,750,000
      Educational
      $2,075,000
      Residential Income
      $1,895,000
      Energy
      $1,695,000
      Income-Based Land
      $1,890,000
      Food Service
      $1,725,000

    Location Insight

    • Map
    • Local Demand
    City
    Spring Hope
    County
    Nash
    State
    North Carolina
    Longitude
    -78.0205
    Latitude
    35.8917
    CBSA code
    40580
    CBSA name
    ROCKY MOUNT, NC 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
    2024
    $9,196
    $0.00
    $0.00
    $729,060
    -
    $75,270
    $709,380
    $784,650

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      Cor Of W Main St N Poplar St St

      MINI-WAREHOUSE, STORAGE • 1,200 SF
      Cor Of W Main St N Poplar St St, Spring Hope, NC 27882
      View Details
    • Value Estimation by Request
      2,940 SF

      Br St

      MINI-WAREHOUSE, STORAGE • 2,940 SF
      Br St, Spring Hope, NC 27882
      View Details
    • Value Estimation by Request
      3,000 SF

      12807 Edwards Rd

      MINI-WAREHOUSE, STORAGE • 3,000 SF
      12807 Edwards Rd, Spring Hope, NC 27882-8114
      View Details
    • Value Estimation by Request
      1,840 SF

      117 Ash St

      MINI-WAREHOUSE, STORAGE • 1,840 SF
      117 Ash St, Spring Hope, NC 27882
      View Details
    • Value Estimation by Request
      3,960 SF

      207 Main St

      MINI-WAREHOUSE, STORAGE • 3,960 SF
      207 Main St, Spring Hope, NC 27882-7001
      View Details
    • Value Estimation by Request
      9,500 SF

      Poplar St N N Ofc

      MINI-WAREHOUSE, STORAGE • 9,500 SF
      Poplar St N N Ofc, Spring Hope, NC 27882
      View Details

    Similar Nearby for Sale

    • $275,000
      19,500 SF

      Spring Hope Commercial Land

      19,500 SF Commercial Property, $275K
      120 Ash St, Spring Hope, NC 27882
      View Details
    • $110,000
      2.82 Acres

      Residential Land in Spring Hope

      2.82-acre homesite with mature trees for custom home.
      12245 Trey Pt Dr, Spring Hope, NC 27882
      View Details
    • $65,000
      0.93 Acres

      Residential Land in Spring Hope

      Residential land for luxury rural living near Zebulon and Nashville.
      Grn Downs Trl, Spring Hope, NC 27882
      View Details
    • $259,900

      Unrestricted Land for Dream Home

      Over 17 acres of unrestricted land, ready for development.
      W Old Spring Hope Rd, Spring Hope, NC 27882
      View Details
    • $65,000
      0.27 Acres

      Downtown Paved Lot For Sale

      Paved commercial lot in downtown Spring Hope, North Carolina.
      115 S Pine St, Spring Hope, NC 27882
      View Details
    • $140,000
      3.83 Acres

      Residential Land in Spring Hope

      3.83 acre residential lot in a 5-lot neighborhood.
      Arthur Wilder Rd, Spring Hope, NC 27882
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1280 Macedonia Rd
    Spring Hope, NC 27882-8368
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.