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    Property profile & analytics

    3268 Us Hwy 220th Bus S Asheboro, NC 27205-0873

    • Apartment buildings
    • 4,572 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Location Intelligence
    Property ID
    US53-3188874
    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

    • Apartment buildings

    Property Details for 3268 Us Hwy 220th Bus S

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.81 lot acres
    Property size
    4,572 SF
    Zone code
    B2
    Property type
    Apartment buildings
    APN
    7659565284
    APU
    7659565284

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.8226
    Latitude
    35.6604
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN 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
    $1,304
    $27,840
    $149,560
    $177,400
    -
    $27,840
    $149,560
    $177,400

    Comparable in this City

    • Value Estimation by Request
      3,196 SF

      421 Oak Leaf Rd

      APARTMENT HOUSE (5+ UNITS) • 3,196 SF
      421 Oak Leaf Rd, Asheboro, NC 27205-2414
      View Details
    • Value Estimation by Request
      37,498 SF

      1000 Sherwood Ave

      APARTMENT HOUSE (5+ UNITS) • 37,498 SF
      1000 Sherwood Ave, Asheboro, NC 27205-7286
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    • Value Estimation by Request
      7,839 SF

      1801 Fairway Rd

      APARTMENT HOUSE (5+ UNITS) • 7,839 SF
      1801 Fairway Rd, Asheboro, NC 27205-6728
      View Details
    • Value Estimation
      $120,000
      4,492 SF

      1352 Briles Dr

      APARTMENT HOUSE (5+ UNITS) • 4,492 SF
      1352 Briles Dr, Asheboro, NC 27205-9535
      View Details
    • Value Estimation by Request
      3,600 SF

      747 Lk Dr

      APARTMENT HOUSE (5+ UNITS) • 3,600 SF
      747 Lk Dr, Asheboro, NC 27205-6889
      View Details
    • Value Estimation
      $355,000
      6,164 SF

      1095 Dixie Dr

      APARTMENT HOUSE (5+ UNITS) • 6,164 SF
      1095 Dixie Dr, Asheboro, NC 27205-6064
      View Details

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    Asheboro, NC 27205-0873
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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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