Property profile

1571 Hwy 56 Creedmoor, NC 27522

OFF-MARKET
Retail space
Property ID
US53-3031718
7,040 SF 1.52 ac lot Built 2008
Entity Owned 18-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Total area 7,040 SF
Lot 1.52 ac (66,211 SF)
Zoning code WS11CA
APN 88703216376
UPID US53-3031718

Cap rate & NOI

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

Location

1571 Hwy 56 Creedmoor, NC 27522
Creedmoor metro Census 970606 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$635k
Blend (final) Blend
$710k

Owner & transaction history

since 2007
1 recorded transaction
2007
$545,000

Zoning & alternative use

WS11CA · Creedmoor, NC
Top alternative use upside
Office building $605,000 +39.7%
Commercial (general) $460,000 +6.5%

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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