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    Property profile & analytics

    202 Magnolia Dr Troy, NC 27371-9348

    • Industrial properties
    • 152,749 SF
    • 15.34 lot acres
    OFF-MARKET
    Value Estimation
    $1,495,000
    Last Sale
    Jul 30, 2021
    $1,485,000
    Location Intelligence
    Property ID
    US53-4398081
    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

    • Industrial properties

    Property Details for 202 Magnolia Dr

    Year built
    1962
    Lot size
    15.34 lot acres
    Property size
    152,749 SF
    Property type
    Industrial properties
    APN
    7528 08 98 4701
    APU
    752808984701

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,520,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,525,000
      6.5%
      $1,575,000
      7%
      $1,355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,605,000
      Geo Method
      $1,290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,255,000
      Retail
      $1,450,000
      Mixed-Use
      $1,250,000
      Hospitality
      $1,300,000
      Educational
      $1,435,000
      Residential Income
      $1,325,000
      Energy
      $1,305,000
      Income-Based Land
      $1,350,000
      Food Service
      $1,270,000

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Montgomery
    State
    North Carolina
    Longitude
    -79.9075
    Latitude
    35.3642

    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
    0
    $0.00
    $136,990
    $357,362
    $494,352
    -
    $136,990
    $357,362
    $494,352

    Comparable in this City

    • Value Estimation by Request
      14.00 Acres

      Wright Way

      Distribution properties • 200,000 SF
      0 Wright Way, Troy, NC 27371
      View Details
    • Value Estimation by Request
      0.45 Acres

      Tremont St

      INDUSTRIAL (GENERAL) • 0.45 Acres
      Tremont St, Troy, NC 27371
      View Details
    • Value Estimation by Request
      2,080 SF

      Wade Ave

      LUMBERYARD, BUILDING MATERIALS • 2,080 SF
      Wade Ave, Troy, NC 27371
      View Details
    • Value Estimation by Request
      60.00 Acres

      24-27 Hwy

      Land • 60.00 Acres
      24-27 Hwy, Troy, NC 27371
      View Details
    • Value Estimation by Request
      1.01 Acres

      Tremont St

      INDUSTRIAL (GENERAL) • 1.01 Acres
      Tremont St, Troy, NC 27371
      View Details
    • Value Estimation by Request
      10,200 SF

      Main St

      LUMBERYARD, BUILDING MATERIALS • 10,200 SF
      Main St, Troy, NC 27371
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14.00 Acres

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      ±200,000 SF Industrial Warehouse in Troy, NC
      0 Wright Way, Troy, NC 27371
      View Details
    • $960,000
      60.00 Acres

      Prime Troy Industrial Land

      60 Acres, Hwy 24-27, $16k/Acre
      24-27 Hwy, Troy, NC 27371
      View Details
    • $349,000
      2.50 Acres

      Prime Troy Medical Office Building

      2150 sq ft, 2.5 acres, excellent location
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    • $199,000
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      Prime Troy Restaurant Space - $199K

      Vacant restaurant, high-traffic location.
      829 Albemarle Rd, Troy, NC 27371
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    • $225,000
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      Prime Troy Commercial Building

      Versatile 3,000 sq ft building, 0.9 acres
      925 Ophir Ave, Troy, NC 27371
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      Lake Tillery Waterfront Lot

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    202 Magnolia Dr
    Troy, NC 27371-9348
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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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