Property profile

226 Main St New London, NC 28127

OFF-MARKET
Commercial real estate
Property ID
US53-2651583
1,907 SF 0.09 ac lot Built 1940
Entity Owned Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 1,907 SF
Lot 0.09 ac (3,920 SF)
Zoning code N-B
APN 663102689037
UPID US53-2651583

Cap rate & NOI

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

Location

226 Main St New London, NC 28127
New London metro Census 930102 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

N-B · New London, NC
Zoning description

4.4.4 N-B Neighborhood Business District The regulations of the N-B Neighborhood Business District are intended to provide for the retailing of goods and service for convenience to the community. In order to protect the…

General category COMMERCIAL

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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