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    Property profile & analytics

    232 Main St Norwood, NC 28128-6435

    • Investment properties
    • 854 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1559202
    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

    • Investment properties

    Property Details for 232 Main St

    Year built
    1910
    Lot size
    0.65 lot acres
    Property size
    854 SF
    Zone code
    G-B
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    656302683070
    APU
    656302683070

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.117
    Latitude
    35.2231
    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
    $529
    $7,766
    $44,078
    $51,844
    -
    $7,766
    $44,078
    $51,844

    Comparable in this City

    • Value Estimation by Request
      1,104 SF

      431 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,104 SF
      431 Main St, Norwood, NC 28128-9746
      View Details
    • Value Estimation by Request
      1,638 SF

      908 Stanly School Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,638 SF
      908 Stanly School Rd, Norwood, NC 28128-6548
      View Details
    • Value Estimation
      $390,000
      3,763 SF

      628 Lanier Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,763 SF
      628 Lanier Rd, Norwood, NC 28128-8448
      View Details
    • Value Estimation by Request
      972 SF

      12068 Us 52nd Hwy Sa

      OFFICE/RESIDENTIAL (MIXED USE) • 972 SF
      12068 Us 52nd Hwy Sa, Norwood, NC 28128-8502
      View Details
    • Value Estimation by Request
      1,600 SF

      11650 Old Aquadale Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,600 SF
      11650 Old Aquadale Rd, Norwood, NC 28128
      View Details
    • Value Estimation
      $400,000
      5,892 SF

      120 College St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,892 SF
      120 College St, Norwood, NC 28128
      View Details

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    232 Main St
    Norwood, NC 28128-6435
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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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