Property profile

221 Main St Laurinburg, NC 28352

OFF-MARKET
Other commercial real estate
Property ID
US53-5505876
2,780 SF 0.06 ac lot Built 1900
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a 2,780-square-foot building that was previously used as a retail deli. It is located along Main Street in Laurinburg on a 0.065-acre lot and has been the subject of building maintenance, including cleaning and roof repairs. The existing configuration is suitable for conversion to retail or office use, depending on tenant/build-out needs.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,780 SF
Lot 0.06 ac (2,800 SF)
Zoning code CB
APN 010001 03010
UPID US53-5505876

Cap rate & NOI

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

Location

221 Main St Laurinburg, NC 28352-3831
Laurinburg metro Census 10102 LAURINBURG, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$70k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2025
Last sale
$50,000
5 recorded transactions
2025
$50,000
2025
$25,067
2023
$50,000
2013
$60,000
2008
$52,000

Zoning & alternative use

CB · Laurinburg, NC
Zoning description

6.3.7. CB Central Business District. The CB district is established as a district in which to accommodate a wide variety of commercial activities (particularly those that are pedestrian-oriented) in an intensive developm…

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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