Property profile

131 Rhea St Richfield, NC 28137

OFF-MARKET
Industrial properties
Property ID
US53-3185790
94,113 SF 23.02 ac lot Built 1971
Entity Owned 22-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1971
Total area 94,113 SF
Lot 23.02 ac (1,002,751 SF)
Zoning code M-1
APN 662202566146
UPID US53-3185790

Cap rate & NOI

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

Location

131 Rhea St Richfield, NC 28137
Richfield metro Census 930101 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
$992k
Blend (final) Blend
$975k

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

Zoning & alternative use

M-1 · Richfield, NC
Zoning description

This M-1 district is designed to accommodate industries and warehousing operations which can be operated in a relatively clean and quiet manner and which will not be obnoxious to adjacent residential and business distric…

General category INDUSTRIAL

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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