Property profile

164 American Dr Oakboro, NC 28129

OFF-MARKET
Manufacturing properties
Property ID
US53-2587125
55,625 SF 13.23 ac lot Built 1976
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1976
Total area 55,625 SF
Lot 13.23 ac (576,299 SF)
Zoning code I
APN 650302760061
UPID US53-2587125

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
  • Golf Course
  • Construction Company General Contractor

Location

164 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
$775k
CAP Approach CAP
by Request
Comparable Approach Comparable
$492k
Blend (final) Blend
$775k

Owner & transaction history

since 2011
6 recorded transactions
2011
$727,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
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

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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