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    Property profile & analytics

    321 Railroad St Norwood, NC 28128

    • Manufacturing properties
    • 31,359 SF
    • 6.46 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 11, 2024
    $100,000
    Location Intelligence
    Property ID
    US53-2716970
    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

    • Manufacturing properties

    Property Details for 321 Railroad St

    Year built
    1950
    Lot size
    6.46 lot acres
    Property size
    31,359 SF
    Zone code
    M-1
    Property type
    Manufacturing properties
    APN
    656301383635
    APU
    656301383635

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.1273
    Latitude
    35.2248
    CBSA code
    10620
    CBSA name
    ALBEMARLE, NC MICROPOLITAN 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
    2024
    $1,726
    $55,300
    $113,942
    $169,242
    -
    $55,300
    $113,942
    $169,242

    Comparable in this City

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      88,032 SF

      11303 Brickyard Rd

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    • Value Estimation
      $1,000,000
      60,720 SF

      8353 Us 52nd S Hwy

      MANUFACTURING (LIGHT) • 60,720 SF
      8353 Us 52nd S Hwy, Norwood, NC 28128-6592
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    • Value Estimation
      $570,000
      41,998 SF

      2055 Pee Dee Ave

      MANUFACTURING (LIGHT) • 41,998 SF
      2055 Pee Dee Ave, Norwood, NC 28128-6591
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    • Value Estimation by Request
      240,750 SF

      40589 Stanly School Rd

      MANUFACTURING (LIGHT) • 240,750 SF
      40589 Stanly School Rd, Norwood, NC 28128-8752
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    • Value Estimation
      $950,000
      77,920 SF

      680 Lanier Rd

      MANUFACTURING (LIGHT) • 77,920 SF
      680 Lanier Rd, Norwood, NC 28128-8448
      View Details
    • Value Estimation by Request
      48,248 SF

      125 Ivey St

      MANUFACTURING (LIGHT) • 48,248 SF
      125 Ivey St, Norwood, NC 28128-7428
      View Details

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    321 Railroad St
    Norwood, NC 28128
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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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