You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $4,610,000
Warehouses

177 Houston Rd Troutman, NC 28166-8740

87,500 SF 13.59 ac lot Built 2022
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US53-2714385
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Construction STEEL FRAME
Total area 87,500 SF
Lot 13.59 ac (591,980 SF)
Zoning code HI
APN 4740-98-4510.000
UPID US53-2714385
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.75M
Blend (final) Blend
$4.61M
Owner & transaction history
Moore Brothers Troutman LLC · 15 yrs held
Moore Brothers Troutman LLC
since 2011
5 recorded transactions
2022
Price N/A
2011
$2.3M
2008
Price N/A
2004
$784,000
1969
Price N/A
Zoning & alternative use
HI · Troutman, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DISTRICT OI NC CB LC HB LI & HI Office and Institutional Neighborhood Center Central Business Local Commercial Highway Business Industrial 1. DEVELOPMENT HI is Conditional Only A. Maximum Density 4 dwelling units/acre no max no max No max no max n/a B. Required Open Space/ Park Space n/a 10% n/a n/a n/a n/a C. Perimeter Buffer (see also 5.1.5.A) Buffers requ…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 534.25 ac
Source Ordinances | Troutman, NC
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 177 Houston Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message