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    Property profile & analytics

    2905 Us Hwy 220th Bus S Asheboro, NC 27205-0869

    • Office buildings
    • 4,514 SF
    • 1.79 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Dec 02, 2021
    Location Intelligence
    Property ID
    US53-0168009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 2905 Us Hwy 220th Bus S

    Year built
    2022
    Lot size
    1.79 lot acres
    Property size
    4,514 SF
    Zone code
    HCCD
    Property type
    Office buildings
    APN
    7659588419
    APU
    7659588419

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.8221
    Latitude
    35.6664
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,761
    $83,830
    $291,630
    $375,460
    -
    $83,830
    $291,630
    $375,460

    Comparable in this City

    • Value Estimation by Request
      1,677 SF

      235 Browers Chapel Rd

      OFFICE BUILDING • 1,677 SF
      235 Browers Chapel Rd, Asheboro, NC 27205-7806
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    • Value Estimation
      $8,205,000
      84,329 SF

      405 Lewallen Rd

      OFFICE BUILDING • 84,329 SF
      405 Lewallen Rd, Asheboro, NC 27205-6111
      View Details
    • Value Estimation
      $370,000
      964 SF

      2821 Tot Hl Trl

      OFFICE BUILDING • 964 SF
      2821 Tot Hl Trl, Asheboro, NC 27205-9624
      View Details
    • Value Estimation
      $170,000
      1,500 SF

      621 Boone Farm Rd

      OFFICE BUILDING • 1,500 SF
      621 Boone Farm Rd, Asheboro, NC 27205-1457
      View Details
    • Value Estimation by Request
      1,152 SF

      2518 Old Humble Ml Rd

      OFFICE BUILDING • 1,152 SF
      2518 Old Humble Ml Rd, Asheboro, NC 27205-7972
      View Details
    • Value Estimation by Request
      1,008 SF

      542 Cox Ave

      OFFICE BUILDING • 1,008 SF
      542 Cox Ave, Asheboro, NC 27205-7073
      View Details

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    Asheboro, NC 27205-0869
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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