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    Property profile & analytics

    2216 Cornatzer Rd Advance, NC 27006-7203

    • Grocery and convenience stores
    • 989 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 29, 2022
    $45,000
    Location Intelligence
    Property ID
    US53-2231114
    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

    • Grocery and convenience stores

    Property Details for 2216 Cornatzer Rd

    Year built
    1981
    Construction
    STEEL FRAME
    Lot size
    0.29 lot acres
    Property size
    989 SF
    Zone code
    I1
    Property type
    Grocery and convenience stores
    APN
    G700000083
    APU
    G700000083

    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
    -80.4531
    Latitude
    35.94
    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
    $636
    $20,250
    $59,550
    $79,800
    -
    $20,250
    $59,550
    $79,800

    Comparable in this City

    • Value Estimation by Request
      1.24 Acres

      224 Nc-801

      Individual retail properties • 1.24 Acres
      224 Nc-801, Advance, NC 27006
      View Details
    • Value Estimation by Request
      2,520 SF

      5427 Us Hwy 158

      CONVENIENCE STORE • 2,520 SF
      5427 Us Hwy 158, Bermuda Run, NC 27006-6908
      View Details
    • Value Estimation by Request
      1,488 SF

      1995 Nc Hwy 801st S

      CONVENIENCE STORE • 1,488 SF
      1995 Nc Hwy 801st S, Advance, NC 27006-7418
      View Details
    • Value Estimation
      $175,000
      1,056 SF

      4369 Us Hwy 158

      CONVENIENCE STORE • 1,056 SF
      4369 Us Hwy 158, Advance, NC 27006-7858
      View Details
    • Value Estimation by Request
      534 SF

      130 Nc-801

      Individual retail properties • 534 SF
      130 Nc-801, Bermuda Run, NC 27006
      View Details
    • Value Estimation
      $410,000
      1,604 SF

      5356 Us Hwy 158

      SHOW ROOM, WAREHOUSE • 1,604 SF
      5356 Us Hwy 158, Bermuda Run, NC 27006
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Bermuda Run Outparcel Land For Sale

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    • $95,000
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      Residential Lot in Golf Community

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

      Industrial Building with Executive Suite

      Block building with office space near Bermuda Run, North Carolina.
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    Advance, NC 27006-7203
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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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