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    1404 401st Business Raeford, NC 28376

    • Investment properties
    • 1,056 SF
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    May 04, 2023
    Location Intelligence
    Property ID
    US53-4534110
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 1404 401st Business

    Year built
    1980
    Construction
    FRAME
    Lot size
    0.98 lot acres
    Property size
    1,056 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    694341201012
    APU
    694341201012

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raeford
    County
    Hoke
    State
    North Carolina
    Longitude
    -79.2006
    Latitude
    34.9785
    CBSA code
    22180
    CBSA name
    FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,213
    $178,220
    $72,700
    $250,920
    -
    $178,220
    $72,700
    $250,920

    Comparable in this City

    • Value Estimation by Request
      12,000 SF

      1230 Fayetteville Rd

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    • Value Estimation by Request
      47.08 Acres

      Wallace Mclean Rd

      Farms • 47.08 Acres
      0 Wallace Mclean Rd, Raeford, NC 28376
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      253 Flagstone Ln

      Retail properties
      253 Flagstone Ln, Raeford, NC 28376
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      5.00 Acres

      1550 Red Spgs Rd

      COMMERCIAL (GENERAL) • 5.00 Acres
      1550 Red Spgs Rd, Raeford, NC 28376-8650
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    • Value Estimation by Request
      2.76 Acres

      Red Spgs Rd

      VACANT COMMERCIAL LAND • 2.76 Acres
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    • Value Estimation by Request
      1.24 Acres

      Palmer Rd

      VACANT COMMERCIAL LAND • 1.24 Acres
      Palmer Rd, Raeford, NC 28376
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      253 Flagstone Ln, Raeford, NC 28376

      Retail properties
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      High-return retail property in Raeford, NC.
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    • $55,000
      0.34 Acres

      Cleared Lot Ready for Home

      Cleared 0.34 acre lot approved for a 4-bedroom home.
      2 Rockfish Rd, Raeford, NC 28376
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    • Contact for pricing
      Pending

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      Newly developed land with potential for future community development.
      949 Pendergrass Rd W, Raeford, NC 28376
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    • $39,999
      1.80 Acres

      Residential Land in Raeford, NC

      1.8-acre homesite with public water, suitable for a 3-bedroom home.
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    • New
      $50,000
      2.46 Acres

      Residential Land in Raeford, NC

      Two wooded lots totaling 2.46 acres in Raeford, NC.
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    Similar Nearby for Lease

    • $20 SF/Yr
      17,000 SF

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      Shoppes at Raeford Retail Center

      Prime Raeford retail space available.
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    • $4,045 /Mo
      1,387 SF

      Retail Space in Starz Center

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    • $18 SF/Yr
      2,000 SF

      Raeford Retail/Office Space Available

      High-visibility retail/office space in a thriving commercial corridor.
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    • $14,002 /Mo

      Raeford Medical Office Third Floor

      6,500 SF medical office space in Raeford, North Carolina.
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    • New
      $3,000 /Mo

      Retail Space in Raeford, NC

      Prime retail space available in a high-traffic Raeford location.
      117 Great Ln, Raeford, NC 28376
      View Details
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    1404 401st Business
    Raeford, NC 28376
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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