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    Property profile & analytics

    221 Main St New London, NC 28127

    • Office Properties & Spaces
    • 9,720 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Last Sale
    May 29, 2024
    Location Intelligence
    Property ID
    US53-1448522
    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

    • Office Properties & Spaces

    Property Details for 221 Main St

    Year built
    1970
    Lot size
    0.48 lot acres
    Property size
    9,720 SF
    Zone code
    MULTIPLE
    Property type
    Office Properties & Spaces
    APN
    663102781204
    APU
    663102781204

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.2183
    Latitude
    35.4427
    CBSA code
    10620
    CBSA name
    ALBEMARLE, NC MICROPOLITAN 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
    $2,005
    $11,056
    $226,206
    $237,262
    -
    $11,056
    $226,206
    $237,262

    Comparable in this City

    • Value Estimation
      $520,000
      17,520 SF

      42778 Airport Rd

      OFFICE (GENERAL) • 17,520 SF
      42778 Airport Rd, New London, NC 28127
      View Details
    • Value Estimation by Request
      2,268 SF

      44052 Yadkin Brick Rd

      OFFICE (GENERAL) • 2,268 SF
      44052 Yadkin Brick Rd, New London, NC 28127-9654
      View Details
    • Value Estimation
      $590,000
      6,672 SF

      37938 Us 52nd N Hwy

      OFFICE (GENERAL) • 6,672 SF
      37938 Us 52nd N Hwy, New London, NC 28127-9733
      View Details
    • Value Estimation by Request
      7,253 SF

      491 Old Us Hwy 52

      OFFICE (GENERAL) • 7,253 SF
      491 Old Us Hwy 52, New London, NC 28127-8106
      View Details
    • Value Estimation by Request
      2,084 SF

      26431 Nc Hwy 8th 8

      OFFICE BUILDING • 2,084 SF
      26431 Nc Hwy 8th 8, New London, NC 28127
      View Details
    • Value Estimation by Request
      5,175 SF

      2615 Hwy 49

      OFFICE BUILDING • 5,175 SF
      2615 Hwy 49, New London, NC 28127-7673
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.81 Acres

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    • New
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      Level homesite with golf course frontage and community amenities.
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      15.7 acres with development potential near Badin Lake.
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      Golf Course Lot for Dream Home

      Large golf course lot to build your dream home.
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      Wooded Lot with Water Views

      Nearly half-acre wooded corner lot with water views in gated community.
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      Building site in Old North State Club community, near amenities.
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    221 Main St
    New London, NC 28127
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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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