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    Property profile & analytics

    1787 Morven Rd Wadesboro, NC 28170-3123

    • Retail space
    • 4,216 SF
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US53-0639550
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Whit S Conv Store #2 / Gas Station
    • Whit's Convenience Store / Adult Entertainment Store

    Property Details for 1787 Morven Rd

    Year built
    1981
    Lot size
    1.09 lot acres
    Property size
    4,216 SF
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    6483-05-18-3747
    APU
    648305183747

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $225,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $245,000
      Mixed-Use
      $195,000
      Hospitality
      $240,000
      Educational
      $185,000
      Residential Income
      $200,000
      Energy
      $250,000
      Income-Based Land
      $185,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Wadesboro
    County
    Anson
    State
    North Carolina
    Longitude
    -80.0635
    Latitude
    34.9509
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2018
    $3,049
    $54,700
    $151,100
    $205,800
    -
    $54,700
    $151,100
    $205,800

    Comparable in this City

    • Value Estimation
      $1,355,000
      2,960 SF

      332 Caswell St

      STORE, RETAIL OUTLET • 2,960 SF
      332 Caswell St, Wadesboro, NC 28170-2243
      View Details
    • Value Estimation
      $365,000
      450 SF

      2560 Us Hwy 74th W

      STORE, RETAIL OUTLET • 450 SF
      2560 Us Hwy 74th W, Wadesboro, NC 28170-7556
      View Details
    • Value Estimation
      $80,000
      10,592 SF

      2458 Us Hwy 74th E

      STORE, RETAIL OUTLET • 10,592 SF
      2458 Us Hwy 74th E, Wadesboro, NC 28170-6479
      View Details
    • Value Estimation
      $570,000
      24,797 SF

      1367 Us Hwy 74th W

      STORE, RETAIL OUTLET • 24,797 SF
      1367 Us Hwy 74th W, Wadesboro, NC 28170-7547
      View Details
    • Value Estimation
      $380,000
      8,368 SF

      1117 Holly St

      STORE, RETAIL OUTLET • 8,368 SF
      1117 Holly St, Wadesboro, NC 28170-2453
      View Details
    • Value Estimation
      $455,000
      9,000 SF

      2288 Us Hwy 74th W

      STORE, RETAIL OUTLET • 9,000 SF
      2288 Us Hwy 74th W, Wadesboro, NC 28170
      View Details

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    Similar Nearby for Lease

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      Large, open commercial space in prime uptown Wadesboro location.
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    • $2,500 /Mo
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      Renovated Commercial Space in Wadesboro

      Newly renovated commercial space available for lease in uptown Wadesboro.
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      Renovated Commercial Space in Wadesboro

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    • Contact for pricing
      25,260 SF

      Wadesboro Retail Space Available

      Prime Anson County retail space, two suites available.
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      View Details
    • $17 SF/Yr
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      Wadesboro Distribution Center

      Prime Wadesboro location, 1,375 sq ft.
      606 Caswell St, Wadesboro, NC 28170
      View Details
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    Wadesboro, NC 28170-3123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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