Property profile

207 2nd Ave 209 Siler City, NC 27344

OFF-MARKET
Investment properties
Property ID
US53-1279796
1,344 SF 0.86 ac lot Built 1948
Individually Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1948
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,344 SF
Lot 0.86 ac (37,331 SF)
Zoning code O-I
APN 15029
UPID US53-1279796

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

207 2nd Ave, Unit 209 Siler City, NC 27344-3429
Siler City metro Census 20401 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2010
3 recorded transactions
2010
$30,000
2005
Price N/A
2004
$77,500

Zoning & alternative use

O-I · Siler City, NC
Zoning description

The O-I (office-institutional) district is designed to accommodate a mixture of residential uses and uses that fall primarily within the 18 classification. It is intended that this zoning classification be applied primar…

General category CIVIC_INSTITUTIONAL

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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