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    Property profile & analytics
    OFF-MARKET Estimated value $1,550,000
    Retail space

    1334 Dixie Dr, Asheboro, NC 27203-8839

    6,400 SF 0.74 ac lot Built 1990
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US53-1880586
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • AT&T Store Mobile Phone Store Electronics & Wireless Store
    • Mattress Warehouse of Asheboro Furniture & Home Goods
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.55M
    CAP Approach CAP
    $1.28M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.55M
    Owner & transaction history
    Flagship Realty LLC · 4 yrs held
    Flagship Realty LLC
    since 2021
    Last sale
    $2.0M
    7 recorded transactions
    2025
    2021
    $2.0M
    2019
    2015
    $1.9M
    2015
    2013
    $642,000
    2012
    Zoning & alternative use
    B2 · Asheboro, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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