Property profile

1311 2nd Ave Siler City, NC 27344

OFF-MARKET
Warehouses
Property ID
US53-0816918
56,014 SF 7.25 ac lot Built 1970
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Construction STEEL FRAME
Total area 56,014 SF
Lot 7.25 ac (315,810 SF)
Zoning code L-I
APN 15603
UPID US53-0816918

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
  • Food Processing Plant
  • Storage Facility
  • Industrial Manufacturer Production Facility

Location

1311 2nd Ave Siler City, NC 27344-1841
Siler City metro Census 20402 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$975k

Owner & transaction history

since 2016
4 recorded transactions
2020
Price N/A
2020
Price N/A
2017
Price N/A
2016
$250,000

Zoning & alternative use

L-I · Siler City, NC
Zoning description

The purpose of this zoning district is to accommodate enterprises engaged in the industrial, processing, creating, repairing, renovation, painting, cleaning, or assembling of goods, merchandise, or equipment.

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1311 2nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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