Property profile

1334 Dixie Dr Asheboro, NC 27203

OFF-MARKET
Retail space
Property ID
US53-1880586
6,400 SF 0.74 ac lot Built 1990
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 600-square-foot retail space presents a unique investment opportunity in Asheboro, North Carolina. Located at 1334 E Dixie Dr, this single-tenant property boasts a fantastic corner location on a busy retail corridor, offering unparalleled visibility and accessibility. Its strategic placement ensures maximum exposure to the high volume of traffic on E Dixie Drive (27,000 vehicles per day) and NC-24 (10,500 vehicles per day). The property benefits from its proximity to the Asheboro Mall, a major regional draw attracting 2.2 million visitors annually. This prime location is further enhanced by the area's steady residential growth, creating a robust and expanding customer base. The presence of established national and regional retailers in the immediate vicinity underscores the strength and stability of this retail market. The entire 600 square feet is currently vacant, providing immediate occupancy for a new tenant. This property is situated in Randolph County and represents a compelling opportunity for businesses seeking high visibility and a strong market presence. The property's corner location and high traffic counts make it ideal for a variety of retail uses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Total area 6,400 SF
Lot 0.74 ac (32,234 SF)
Zoning code B2
APN 7760692706
UPID US53-1880586

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
  • Mobile Phone Store Electronics & Wireless Store
  • Furniture & Home Goods

Location

1334 Dixie Dr Asheboro, NC 27203-8839
Asheboro metro Census 30806 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.55M
CAP Approach CAP
$1.28M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M

Owner & transaction history

since 2021
Last sale
$2.0M
7 recorded transactions
2025
Price N/A
2021
$2.0M
2019
Price N/A
2015
$1.9M
2015
Price N/A
2013
$642,000
2012
Price N/A

Zoning & alternative use

B2 · Asheboro, NC
Zoning description

The B2 General Commercial District is intended to serve the convenience goods, shoppers goods retail and service needs of the motoring public, both local and transient, This district should always be located with access…

General category COMMERCIAL

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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