Property profile

272 Fayetteville St Asheboro, NC 27203

OFF-MARKET
Banks
Property ID
US53-2195380
6,372 SF 1.15 ac lot Built 1973
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A former bank office building on a level corner lot in Asheboro, Randolph County, North Carolina, positioned beside a stoplight on a heavily traveled road. The property contains a 4,548-square-foot structure that has been renovated (completed in 2023), with ample parking and a covered drive-through canopy. The interior layout includes approximately 5–6 private offices, two small call rooms, a breakroom/kitchen, and two bathrooms, along with an original bank vault usable for storage or as a conference room. A large open central area provides flexibility for multiple uses and potential division. The building also includes a basement for storage and utility support.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1973
Construction WOOD
Total area 6,372 SF
Lot 1.15 ac (50,094 SF)
Zoning code B2
APN 7751836920
UPID US53-2195380

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
  • Loan Service Bank
  • Real Estate Agency
  • Atm
  • Bank Loan Service

Location

272 Fayetteville St Asheboro, NC 27203-5530
Asheboro metro Census 30302 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

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

Owner & transaction history

since 2025
Last sale
$800,000
7 recorded transactions
2025
$800,000
2022
$400,000
2011
Price N/A
2007
$1.1M
2007
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Asheboro, NC
Zoning description

The B2 General Commercial District is intended to serve the convenience goods, shoppers goods retail and service needs of the motoring public, both local and transient, This district should always be located with access…

General category COMMERCIAL

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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