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Property profile & analytics
OFF-MARKET Estimated value $2,020,000
Flex space

259 Murdock Rd Troutman, NC 28166-9695

22,531 SF 10.64 ac lot Built 1995
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US53-2351014
Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1995
Construction STONE
Total area 22,531 SF
Lot 10.64 ac (463,478 SF)
Zoning code HI
APN 4732-91-9776.000
UPID US53-2351014
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.29M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.02M
Owner & transaction history
Abt INC · 11 yrs held
Abt INC
since 2014
3 recorded transactions
2014
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
HI · Troutman, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DISTRICT OI NC CB LC HB LI & HI Office and Institutional Neighborhood Center Central Business Local Commercial Highway Business Industrial 1. DEVELOPMENT HI is Conditional Only A. Maximum Density 4 dwelling units/acre no max no max No max no max n/a B. Required Open Space/ Park Space n/a 10% n/a n/a n/a n/a C. Perimeter Buffer (see also 5.1.5.A) Buffers requ…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 534.25 ac
Source Ordinances | Troutman, NC
Top alternative use upside
Auto repair, garage $2.7M +6.0%
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