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    Property profile & analytics

    324 Watson Lk Dr Broadway, NC 27505-9674

    • Auto shops
    • 2,520 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $80,000
    Last Sale
    Oct 07, 2021
    $81,000
    Location Intelligence
    Property ID
    US53-4028725
    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

    • Aldair's Auto Service / Auto Repair Shop / Auto Tune Up Service

    Property Details for 324 Watson Lk Dr

    Year built
    1985
    Lot size
    0.41 lot acres
    Property size
    2,520 SF
    Zone code
    RESIDENTIAL AGRICULTURE
    Property type
    Auto shops
    APN
    9681-79-0949-00
    APU
    968179094900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Broadway
    County
    Lee
    State
    North Carolina
    Longitude
    -79.0435
    Latitude
    35.4535
    CBSA code
    41820
    CBSA name
    SANFORD, 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
    2023
    $598
    $12,300
    $66,300
    $78,600
    -
    $12,300
    $66,300
    $78,600

    Comparable in this City

    • Value Estimation by Request
      8,998 SF

      11948 Us 421st N

      AUTO REPAIR, GARAGE • 8,998 SF
      11948 Us 421st N, Broadway, NC 27505-8835
      View Details
    • Value Estimation by Request
      2,804 SF

      12377 Us 421st N

      AUTO REPAIR, GARAGE • 2,804 SF
      12377 Us 421st N, Broadway, NC 27505-8821
      View Details
    • Value Estimation
      $355,000
      1,344 SF

      145 Frst Ave

      AUTO REPAIR, GARAGE • 1,344 SF
      145 Frst Ave, Broadway, NC 27505
      View Details
    • Value Estimation
      $360,000
      8,390 SF

      201 Main St

      AUTO REPAIR, GARAGE • 8,390 SF
      201 Main St, Broadway, NC 27505-9502
      View Details
    • Value Estimation by Request
      1,200 SF

      81 Hollies Pnes Rd

      AUTO REPAIR, GARAGE • 1,200 SF
      81 Hollies Pnes Rd, Broadway, NC 27505-8602
      View Details
    • Value Estimation
      $205,000
      1,692 SF

      200th S Main St

      AUTO REPAIR, GARAGE • 1,692 SF
      200th S Main St, Broadway, NC 27505-9725
      View Details

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    Broadway, NC 27505-9674
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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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