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    Property profile & analytics

    2062 Nc Hwy 801st S Advance, NC 27006-7419

    • Commercial real estate
    • 1,388 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 21, 2023
    $35,000
    Location Intelligence
    Property ID
    US53-1767995
    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

    • Commercial real estate

    Property Details for 2062 Nc Hwy 801st S

    Year built
    1947
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.18 lot acres
    Property size
    1,388 SF
    Zone code
    R20
    Property type
    Commercial real estate
    APN
    G8120A0003
    APU
    G8120A0003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Advance
    County
    Davie
    State
    North Carolina
    Longitude
    -80.4098
    Latitude
    35.9394
    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
    2024
    $361
    $14,400
    $30,880
    $45,280
    -
    $14,400
    $30,880
    $45,280

    Comparable in this City

    • Value Estimation by Request
      1.25 Acres

      154 Yadkin Valley Rd

      Land • 1.25 Acres
      154 Yadkin Valley Rd, Advance, NC 27006
      View Details
    • Value Estimation by Request
      288 SF

      1009 Nc Hwy 801st N

      COMMERCIAL (GENERAL) • 288 SF
      1009 Nc Hwy 801st N, Advance, NC 27006-7912
      View Details
    • Value Estimation
      $235,000
      768 SF

      1630 Nc Hwy 801st S

      COMMERCIAL (GENERAL) • 768 SF
      1630 Nc Hwy 801st S, Advance, NC 27006-6706
      View Details
    • Value Estimation
      $225,000
      1,440 SF

      2045 Nc Hwy 801st S

      COMMERCIAL (GENERAL) • 1,440 SF
      2045 Nc Hwy 801st S, Advance, NC 27006-7419
      View Details
    • Value Estimation by Request
      672 SF

      2129 Nc Hwy 801st S

      COMMERCIAL (GENERAL) • 672 SF
      2129 Nc Hwy 801st S, Advance, NC 27006-7462
      View Details
    • Value Estimation by Request
      19,338 SF

      275 Shady Ln

      COMMERCIAL (GENERAL) • 19,338 SF
      275 Shady Ln, Advance, NC 27006-8841
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.25 Acres

      Advance, NC Commercial Land

      1.25-Acre Retail Outparcel; Mixed-Use Zoning
      154 Yadkin Valley Rd, Advance, NC 27006
      View Details
    • $35,000
      0.51 Acres

      Residential Building Lot in Advance

      0.51 acre building lot suitable for various home types.
      Mcdaniel Rd, Advance, NC 27006
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    • Contact for pricing

      Bermuda Run Outparcel Land For Sale

      1.25+/- acre outparcel in rapidly expanding Bermuda Run market.
      154 Yadkin Valley Rd, Bermuda Run, NC 27006
      View Details
    • $95,000
      0.74 Acres

      Residential Lot in Golf Community

      Homesite in Oak Valley golf community with optional club membership.
      00 Seay Dr, Advance, NC 27006
      View Details
    • $687,500

      Industrial Building with Executive Suite

      Block building with office space near Bermuda Run, North Carolina.
      920 Nc Hwy, Advance, NC 27006
      View Details
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    Advance, NC 27006-7419
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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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