Property profile

267 Red Cross Rd Oakboro, NC 28129

OFF-MARKET
Grocery and convenience stores
Property ID
US53-1528196
2,380 SF 1.43 ac lot Built 1980
Individually Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1980
Total area 2,380 SF
Lot 1.43 ac (62,291 SF)
Zoning code H-B
APN 559502756762
UPID US53-1528196

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
  • Grocery & Convenience Store
  • Grocery & Convenience Store

Location

267 Red Cross Rd Oakboro, NC 28129-7201
Oakboro metro Census 930902 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2018
1 recorded transaction
2018
$400,000

Zoning & alternative use

H-B · Oakboro, NC
Zoning description

The Highway Business (CB) district is the primary district intended to serve retail, business, and service uses in the Towns planning jurisdiction and is found along major arterial streets outside of the core of Town. De…

General category CIVIC_INSTITUTIONAL

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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