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Property profile & analytics
OFF-MARKET
Retail space

221 Main St Oakboro, NC 28129

800 SF 0.08 ac lot Built 1929
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US53-5652480
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1929
Total area 800 SF
Lot 0.08 ac (3,485 SF)
Zoning code C-B
APN 650301398040
UPID US53-5652480
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Leo W Barbee JR. · 19 yrs held
Leo W Barbee JR.
since 2006
1 recorded transaction
2006
$65,000
Zoning & alternative use
C-B · Oakboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 432 - Central Business District (CB). (a) District Intent The Central Business (CB) district is the primary district intended to serve retail, business, and service uses in the Town’s planning jurisdiction and is found along Main St. (NC 205) and major arterial streets and on lots surrounding the core of Town. Development in the CB district tends to be…

Zone name Central Business District
General category COMMERCIAL
Zone area 31.15 ac
Source § 110 SHORT TITLE.
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