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Property profile & analytics

225 Main St Troutman, NC 28166

  • Grocery and convenience stores
  • 2,760 SF
  • 0.40 lot acres
OFF-MARKET
Value Estimation
$275,000
Location Intelligence
Property ID
US53-2444309
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 225 Main St

Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.40 lot acres
Property size
2,760 SF
Zone code
CB
Property type
Grocery and convenience stores
APN
4731-86-6438.000
APU
4731866438000

Description

This exceptional turnkey gas station and convenience store, located at 225 N Main St, Troutman, NC, presents a unique investment opportunity. The 2,400 square foot property sits on a 0.398-acre lot on the heavily trafficked US Highway 21, offering unparalleled visibility and consistent customer flow. Its prime location is just five minutes from Interstate 77, providing easy access for customers from a wide area, including Charlotte (40 minutes away) and Statesville (20 minutes away). The property includes seven dedicated parking spaces and benefits from its proximity to various amenities such as Dunkin' Donuts, restaurants, a park, and a library. The existing business boasts strong financial performance, with monthly gasoline sales averaging 80,000-90,000 gallons, inside sales exceeding $50,000, and lottery sales exceeding $6,000. Additional revenue streams are generated from gaming machines and ATM services. The property is zoned CB and has a Class A rating, built in 2000. The current owner is retiring, making this a rare chance to acquire an established, profitable business with significant growth potential. Lease terms are $6,500 per month (Triple Net Lease). The business has a reported goodwill value of $350,000 plus inventory. This is a truly remarkable opportunity for an investor seeking a high-performing, established business in a desirable location. The APN is 4731866438.000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $235,000
  • CAP approach

    CAP return
    Estimation
    6%
    $340,000
    6.5%
    $330,000
    7%
    $355,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $320,000
    Geo Method
    $325,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $320,000
    Retail
    $315,000
    Mixed-Use
    $320,000
    Hospitality
    $310,000
    Educational
    $345,000
    Residential Income
    $400,000
    Energy
    $400,000
    Income-Based Land
    $355,000
    Food Service
    $320,000

Location Insight

  • Map
  • Local Demand
City
Troutman
County
Iredell
State
North Carolina
Longitude
-80.891
Latitude
35.704
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC 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
2023
$4,388
$95,520
$303,410
$398,930
-
$95,520
$303,410
$398,930
More about this property
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