Property profile

294 Nc 16th Business Hwy 1 Denver, NC 28037

OFF-MARKET
Medical Office Space
Property ID
US53-1323128
9,704 SF 0.22 ac lot Built 2004
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,704 SF
Lot 0.22 ac (9,757 SF)
Zoning code ELDD B-N
APN 82684
UPID US53-1323128

Cap rate & NOI

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

Location

294 Nc 16th Business Hwy, Unit 1 Denver, NC 28037-8011
Denver metro Census 71102 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.83M
CAP Approach CAP
$2.08M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.77M

Owner & transaction history

since 2021
Last sale
$2.3M
3 recorded transactions
2021
$2.3M
2005
$1.3M
1969
Price N/A

Zoning & alternative use

ELDD B-N · Denver, NC

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 294 Nc 16th Business Hwy, Unit 1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message