Property profile

242 Dick Beam Rd Cherryville, NC 28021

OFF-MARKET
Industrial properties
Property ID
US53-2201982
32,928 SF 10.68 ac lot Built 1996
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1996
Total area 32,928 SF
Lot 10.68 ac (465,221 SF)
Zoning code INDS1
APN 159053
UPID US53-2201982

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Factory Industrial Manufacturer

Location

242 Dick Beam Rd Cherryville, NC 28021-8943
Cherryville metro Census 30501 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$810k
CAP Approach CAP
by Request
Comparable Approach Comparable
$891k
Blend (final) Blend
$600k

Owner & transaction history

since 2020
Last sale
$910,000
1 recorded transaction
2020
$910,000

Zoning & alternative use

INDS1 · Cherryville, NC
Top alternative use upside
Warehouse, storage $1.2M +8.3%

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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