Property profile

246 Virginia Rd Southern Pines, NC 28387

OFF-MARKET
Warehouses
Property ID
US53-5218830
0.65 ac lot Built 1977
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Lot 0.65 ac (28,314 SF)
Zoning code RR
APN 39091
UPID US53-5218830

Cap rate & NOI

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

Location

246 Virginia Rd Southern Pines, NC 28387-2431
Southern Pines metro Census 950802 PINEHURST-SOUTHERN PINES, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

Zoning & alternative use

RR · Southern Pines, NC
Zoning description

Southern Pines Unified Development Ordinance Chapter 3. Zoning Amended 12-9-25 3-5 3.5.2. RR - Rural Residential (A) Purpose The RR district is established as a district in which to allow a variety of Single- Family resi…

General category RESIDENTIAL

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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