Property profile

1450 Zoo Pkwy Asheboro, NC 27205

OFF-MARKET
Retail space
Property ID
US53-2057287
9,770 SF 1.21 ac lot Built 2007
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Construction STEEL FRAME
Total area 9,770 SF
Lot 1.21 ac (52,708 SF)
Zoning code B2
APN 7750962180
UPID US53-2057287

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
  • Discount Store
  • Hardware & Home Improvement
  • Bank Credit Union

Location

1450 Zoo Pkwy Asheboro, NC 27205-7002
Asheboro metro Census 30202 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
$933k
Blend (final) Blend
$1.06M

Owner & transaction history

since 2020
Last sale
$1.2M
6 recorded transactions
2020
$1.2M
2016
$1.2M
2008
$1.2M
2008
$1.2M
2007
$375,000
2004
$1.4M

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
Top alternative use upside
Apartment house (5+ units) $1.2M +45.7%
Restaurant $1.2M +40.8%

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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