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Property profile & analytics
OFF-MARKET
Garden apartment buildings

3385 Icard Rdg Rd Granite Falls, NC 28630-8244

1,080 SF 9.12 ac lot Built 2016
Individually Owned 8-yr Hold
Property ID
US53-5021512
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 2016
Total area 1,080 SF
Lot 9.12 ac (397,267 SF)
Zoning code R-20
APN 15006
UPID US53-5021512
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Isaac G Reid · 8 yrs held
Isaac G Reid
since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A
Zoning & alternative use
R-20 · Granite Falls, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Density District, or R-20 Residential Low-Density District. Within the Town Limits the R -15 Residential Single -Family District and the R -8 Residential Medium -High Density District and R- 8A Residential High Density District. The R -8 and R- 8A districts are intended to provide relatively medium to high density living areas and make up 12.3% percent of th…

Zone name Low Density Residential
General category RESIDENTIAL
Zone area 1,878.07 ac
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