Property profile

305 Masonic Rd Erwin, NC 28339

OFF-MARKET
Commercial real estate
Property ID
US53-1799274
1.25 ac lot Built 2023
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2023
Lot 1.25 ac (54,450 SF)
Zoning code B2
APN 061507 0295
UPID US53-1799274

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
  • Storage Facility

Location

305 Masonic Rd Erwin, NC 28339
Erwin metro Census 70500 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$955k

Owner & transaction history

since 2021
Last sale
$875,000
1 recorded transaction
2021
$875,000

Zoning & alternative use

B2 · Erwin, NC
Zoning description

It is the purpose of this district to accommodate a wide variety of large commercial, wholesale, and retail businesses.

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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