Property profile

311 Main St Norwood, NC 28128

OFF-MARKET
Medical Office Space
Property ID
US53-0062366
4,537 SF 0.25 ac lot Built 1957
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1957
Total area 4,537 SF
Lot 0.25 ac (10,890 SF)
Zoning code H-B
APN 656302770519
UPID US53-0062366

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

311 Main St Norwood, NC 28128-7429
Norwood metro Census 931102 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2019
7 recorded transactions
2021
Price N/A
2019
$200,000
2007
$337,000
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

H-B · Norwood, NC
Zoning description

(H) Highway business district (HB and HB-CD) ................................................. III-5 (I) General business district (GB and GB-CD) .................................................. III-5 (J) Light manufac…

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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