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    Property profile & analytics

    206 Martin Luther King Dr, Unit A Thomasville, NC 27360-3665

    • Residential income homes
    • 3,620 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 17, 2023
    Location Intelligence
    Property ID
    US53-1497351
    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

    • Residential income homes

    Property Details for 206 Martin Luther King Dr

    Year built
    1996
    Construction
    FRAME
    Lot size
    0.60 lot acres
    Property size
    3,620 SF
    Zone code
    R6
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    16-031-0-00B-0003-D
    APU
    16031000B0003D

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Thomasville
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.1003
    Latitude
    35.8823
    CBSA code
    49180
    CBSA name
    WINSTON-SALEM, 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
    2023
    $2,129
    $0.00
    $0.00
    $157,100
    -
    $9,750
    $147,350
    $157,100

    Comparable in this City

    • Value Estimation by Request
      2,782 SF

      1024 Blair St, Unit A-C

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,782 SF
      1024 Blair St, Thomasville, NC 27360-4496
      View Details
    • Value Estimation by Request
      4,547 SF

      312 Spg St, Unit A

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,547 SF
      312 Spg St, Thomasville, NC 27360-4676
      View Details
    • Value Estimation
      $190,000
      2,756 SF

      323 Woodlawn St, Unit A

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,756 SF
      323 Woodlawn St, Thomasville, NC 27360-4995
      View Details
    • Value Estimation by Request
      3,458 SF

      345 Maple Ln, Unit A

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,458 SF
      345 Maple Ln, Thomasville, NC 27360-0551
      View Details
    • Value Estimation by Request
      3,620 SF

      709 Culbreth Ave, Unit A

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,620 SF
      709 Culbreth Ave, Thomasville, NC 27360-3000
      View Details
    • Value Estimation by Request
      3,804 SF

      1122 Grn St, Unit 1128

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,804 SF
      1122 Grn St, Thomasville, NC 27360-3452
      View Details

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    • Contact for pricing
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    Similar Nearby for Lease

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      Warehouse for lease with office space and convenient highway access.
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      Well-maintained medical office space in high-traffic location.
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    • $1,000 /Mo

      Corner Lot for Rent

      Corner lot with high traffic and utilities available for rent.
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      View Details
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    206 Martin Luther King Dr, Unit A
    Thomasville, NC 27360-3665
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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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