Property profile

152 American Dr Oakboro, NC 28129

OFF-MARKET
Warehouses
Property ID
US53-2307870
12,000 SF 4.64 ac lot Built 1977
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Total area 12,000 SF
Lot 4.64 ac (202,118 SF)
Zoning code I
APN 650302657847
UPID US53-2307870

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

152 American Dr Oakboro, NC 28129-6700
Oakboro metro Census 930901 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$605k
Blend (final) Blend
$320k

Owner & transaction history

since 2019
3 recorded transactions
2019
$325,000
2012
$275,000
1969
Price N/A

Zoning & alternative use

I · Oakboro, NC
Zoning description

Sec. 435 - Manufacturing and Industrial District (I) (a) District Intent The Manufacturing and Industrial (I) district is established to accommodate heavy manufacturing uses, including storage and processing of raw mater…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $990,000 +41.5%

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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