Property profile

1550 Hwy 24th 27th W Midland, NC 28107

OFF-MARKET
Commercial real estate
Property ID
US53-3634397
25.98 ac lot
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 25.98 ac (1,131,689 SF)
Zoning code PRD
APN 5524 15 9853
UPID US53-3634397

Cap rate & NOI

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

Location

1550 Hwy 24th 27th W Midland, NC 28107-7432
Midland metro Census 41603 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$835k

Owner & transaction history

since 2025
Last sale
$815,000
1 recorded transaction
2025
$815,000

Zoning & alternative use

PRD · Midland, NC
Zoning description

The Planned Residential Development District (PRD) permits flexibility in the design, construction, and processing of residential developments. Planned Residential Developments (PRD) are well planned, efficient residenti…

General category RESIDENTIAL

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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