Property profile

1602 Dixie Dr Asheboro, NC 27203

OFF-MARKET
Automotive properties
Property ID
US53-0560913
14,800 SF 6.03 ac lot Built 2000
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2000
Total area 14,800 SF
Lot 6.03 ac (262,667 SF)
Zoning code I1
APN 7761706969
UPID US53-0560913

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
  • Car Dealership Auto Repair Shop
  • Auto Parts Store
  • Auto Repair Shop
  • Electric Vehicle Charging Station

Location

1602 Dixie Dr Asheboro, NC 27203-8852
Asheboro metro Census 30806 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.69M

Owner & transaction history

since 2010
4 recorded transactions
2019
Price N/A
2010
$2.7M
2010
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Asheboro, NC
Zoning description

The intent of the I1 Industrial Development District is to produce areas for manufacturing, processing and assembly uses, commercial uses, distribution and servicing enterprises, controlled by performance standards to li…

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $1.9M +75.7%
Restaurant $1.8M +69.8%
Retail stores $1.3M +18.4%

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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