Property profile

1318 Nc Hwy 62nd E Climax, NC 27233

OFF-MARKET
Commercial real estate
Property ID
US53-1734654
5,000 SF 0.84 ac lot Built 2005
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Construction FRAME
Total area 5,000 SF
Lot 0.84 ac (36,590 SF)
Zoning code HB
APN 124558
UPID US53-1734654

Cap rate & NOI

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

Location

1318 Nc Hwy 62nd E Climax, NC 27233-9193
Climax metro Census 16900 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
$780k
Comparable Approach Comparable
$703k
Blend (final) Blend
$295k

Owner & transaction history

since 2009
2 recorded transactions
2009
Price N/A
2003
$60,000

Zoning & alternative use

HB · Climax, NC
Top alternative use upside
Retail stores $980,000 +29.9%

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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