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    Property profile & analytics

    203 Central Ave Butner, NC 27509-2313

    • Grocery and convenience stores
    • 3,360 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Last Sale
    Apr 28, 2021
    $515,000
    Location Intelligence
    Property ID
    US53-3291251
    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

    • CoinFlip Bitcoin ATM / Money Transfer Service / Investment Service
    • Feebie's Grill / Grill
    • TOM'S MINI MART / Gas Station
    • ATM (Tom's Mini Mart) / Atm / Convenience Store
    • Clark / Gas Station

    Property Details for 203 Central Ave

    Year built
    1980
    Lot size
    0.69 lot acres
    Property size
    3,360 SF
    Property type
    Grocery and convenience stores
    APN
    87609176136
    APU
    87609176136

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $425,000

    • CAP approach

      CAP return
      Estimation
      6%
      $455,000
      6.5%
      $515,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $540,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $530,000
      Mixed-Use
      $515,000
      Hospitality
      $405,000
      Educational
      $500,000
      Residential Income
      $465,000
      Energy
      $440,000
      Income-Based Land
      $540,000
      Food Service
      $540,000

    Location Insight

    • Map
    • Local Demand
    City
    Butner
    County
    Granville
    State
    North Carolina
    Longitude
    -78.7574
    Latitude
    36.1324
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC 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
    2020
    $4,079
    $251,748
    $392,780
    $644,528
    -
    $251,748
    $392,780
    $644,528

    Comparable in this City

    • Value Estimation
      $480,000
      1,792 SF

      Central Ave

      CONVENIENCE STORE • 1,792 SF
      Central Ave, Butner, NC 27509
      View Details
    • Value Estimation by Request
      3,200 SF

      110 B St

      CONVENIENCE STORE • 3,200 SF
      110 B St, Butner, NC 27509-2437
      View Details
    • Value Estimation
      $210,000
      2,400 SF

      315 Central Ave

      CONVENIENCE STORE • 2,400 SF
      315 Central Ave, Butner, NC 27509-2315
      View Details
    • Value Estimation
      $300,000
      2,500 SF

      208 Central Ave

      CONVENIENCE STORE • 2,500 SF
      208 Central Ave, Butner, NC 27509-2314
      View Details
    • Value Estimation by Request
      1,782 SF

      407 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,782 SF
      407 Central Ave, Butner, NC 27509-1915
      View Details
    • Value Estimation
      $225,000
      2,480 SF

      307 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,480 SF
      307 Central Ave, Butner, NC 27509-2315
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20.33 Acres

      Butner Land: 67 Acres Total

      Prime NC land, multiple uses, I-85 access.
      2626 Lyon Sta Rd, Butner, NC 27509
      View Details
    • Contact for pricing
      67 SF

      Butner Land Parcels For Sale

      Three land parcels totaling ±67.73 acres in Butner, NC.
      2626 W Lyon Sta Rd, Butner, NC 27509
      View Details
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    Butner, NC 27509-2313
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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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