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    1280 Main St Fuquay Varina, NC 27526-2615
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    Property profile & analytics

    1280 Main St, Fuquay Varina, NC 27526-2615

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    • Retail space
    • 9,840 SF
    • 0.88 lot acres
    Off-Market
    Last Sale Dec 3, 2020
    $3,767,500
    Property ID
    US53-1282461
    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.

    Value Estimations
    $3,195,000
    Show details
    Cap Rate Potential
    2.8%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Steve Ashworth Performance / Auto Parts Store
    • Firestone Complete Auto Care / Auto Repair Shop

    Property Details for 1280 Main St

    Year built
    1999
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.88 lot acres
    Zone code
    CC
    Property type
    Retail space
    APN
    0667.04-50-2255 0136849
    APU
    667045022550136849

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 3, 2020 $3,767,500 925 Tuckaseegee Road LLC 1280 North Main LLC Grant Deed —
    May 13, 2020 $1,700,000 1280 North Main LLC Steve Ashworth Performance Grant Deed $2.1M · South St Bk
    Dec 28, 2017 — James S Ashworth — Deed · related $82k · Fidelity Bk
    Jun 4, 2009 — James S Ashworth Ashworth,pamela Quit Claim Deed · related $120k · Fidelity Bank NA
    — — James S Ashworth — Deed Of Trust · related $82k · Fidelity Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,910,000
      6.5%
      $2,685,000
      7%
      $2,495,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,553,000
      Market price range: $1.27M - $4.31M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,745,000
      Current use
      RESTAURANT
      $5,310,000
      Change: +93% Conversion: Easy
      AUTO REPAIR, GARAGE
      $3,400,000
      Change: +24% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $3,275,000
      Change: +19% Conversion: Easy
      MEDICAL BUILDING
      $3,195,000
      Change: +16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fuquay Varina
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7805
    Latitude
    35.5914
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, 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
    2023
    $15,772
    $536,662
    $884,780
    $1,421,442
    -
    $536,662
    $884,780
    $1,421,442
    More about this property
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