Property profile

176 Red Cross Rd Oakboro, NC 28129

OFF-MARKET
Investment properties
Property ID
US53-0068855
2,211 SF 27.98 ac lot Built 1978
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1978
Total area 2,211 SF
Lot 27.98 ac (1,218,809 SF)
Zoning code C-B
APN 559504643391
UPID US53-0068855

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
  • Association / Organization

Location

176 Red Cross Rd Oakboro, NC 28129-7200
Oakboro metro Census 930902 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2023
Last sale
$250,000
3 recorded transactions
2023
Price N/A
2022
$250,000
2007
$850,000

Zoning & alternative use

C-B · Oakboro, NC
Zoning description

Sec. 432 - Central Business District (CB). (a) District Intent The Central Business (CB) district is the primary district intended to serve retail, business, and service uses in the Town’s planning jurisdiction and is fo…

General category COMMERCIAL

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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