Property profile

1404 Drexel Rd Valdese, NC 28690

OFF-MARKET
Warehouses
Property ID
US53-0059516
10,000 SF 0.55 ac lot Built 1985
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Construction STEEL FRAME
Total area 10,000 SF
Lot 0.55 ac (23,958 SF)
Zoning code LIGHT INDUSTRIAL DIST
APN 41166
UPID US53-0059516

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
  • Big Box & Wholesale Store Furniture & Home Goods

Location

1404 Drexel Rd Valdese, NC 28690-9008
Valdese metro Census 20802 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2008
$276,000

Zoning & alternative use

LIGHT INDUSTRIAL DIST · Valdese, NC

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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