Property profile

1955 Lakeview Rd Asheboro, NC 27203

OFF-MARKET
Apartment buildings
Property ID
US53-5696907
4,440 SF 0.43 ac lot Built 1972
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1972
Construction WOOD
Total area 4,440 SF
Lot 0.43 ac (18,731 SF)
Zoning code B1 (CZ)
APN 7762491297
UPID US53-5696907

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1955 Lakeview Rd Asheboro, NC 27203-3162
Asheboro metro Census 30301 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$990k

Owner & transaction history

since 2022
Last sale
$1.7M
7 recorded transactions
2022
$1.7M
2022
$1.4M
2016
$700,000
2012
$325,000
2006
$860,000
2006
$860,000
1969
Price N/A

Zoning & alternative use

B1 (CZ) · Asheboro, NC
Zoning description

The B1 Neighborhood Commercial District is intended to provide for limited retail and personal service uses on free standing parcels or for small centers to serve adjacent residential neighborhoods, These districts shall…

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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