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Property profile & analytics
OFF-MARKET Estimated value $2,050,000
Flex space

143 Iredell Ave 152 Troutman, NC 28166-9511

22,940 SF 14.25 ac lot Built 1974
Entity Owned 14-yr Hold Free & Clear
Property ID
US53-2359841
Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 22,940 SF
Lot 14.25 ac (620,556 SF)
Zoning code HI
APN 4732-92-7668.000
UPID US53-2359841
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.33M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.05M
Owner & transaction history
LIFESPAN INCORPORATED
LIFESPAN INCORPORATED
Zoning & alternative use
HI · Troutman, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DISTRICT OI NC CB LC HB LI & HI Office and Institutional Neighborhood Center Central Business Local Commercial Highway Business Industrial 1. DEVELOPMENT HI is Conditional Only A. Maximum Density 4 dwelling units/acre no max no max No max no max n/a B. Required Open Space/ Park Space n/a 10% n/a n/a n/a n/a C. Perimeter Buffer (see also 5.1.5.A) Buffers requ…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 534.25 ac
Source Ordinances | Troutman, NC
Top alternative use upside
Auto repair, garage $2.7M +6.0%
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