Property profile

305 Illinois Ave Southern Pines, NC 28387

OFF-MARKET
Investment properties
Property ID
US53-5198121
0.2 ac lot Built 1930
Entity Owned Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Lot 0.2 ac (8,625 SF)
Zoning code RM-2
APN 31984
UPID US53-5198121

Cap rate & NOI

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

Location

305 Illinois Ave Southern Pines, NC 28387-5812
Southern Pines metro Census 950900 PINEHURST-SOUTHERN PINES, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

Zoning & alternative use

RM-2 · Southern Pines, NC
Zoning description

RE - Rural Estate (2) RR - Rural Residential (3) RS-1 - Residential Single-Family (4) RS-2 - Residential Single-Family (5) RS-3 - Residential Single-Family (6) RM-1 - Residential Multi-Family Medium Density (7) RM-2 - Re…

General category RESIDENTIAL

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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