Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    34531 Random Dr New London, NC 28127

    • Manufacturing properties
    • 36,920 SF
    • 13.45 lot acres
    OFF-MARKET
    Value Estimation
    $835,000
    Last Sale
    Mar 23, 2020
    Location Intelligence
    Property ID
    US53-2217141
    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 34531 Random Dr

    Year built
    1998
    Lot size
    13.45 lot acres
    Property size
    36,920 SF
    Zone code
    M-1
    Property type
    Manufacturing properties
    APN
    663104808600
    APU
    663104808600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,005,000
      6.5%
      $1,080,000
      7%
      $1,000,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $925,000
      Geo Method
      $1,100,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $990,000
      Retail
      $860,000
      Mixed-Use
      $935,000
      Hospitality
      $915,000
      Educational
      $925,000
      Residential Income
      $1,055,000
      Energy
      $1,070,000
      Income-Based Land
      $890,000
      Food Service
      $940,000

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.2123
    Latitude
    35.4214
    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
    $15,351
    $310,175
    $1,506,538
    $1,816,713
    -
    $310,175
    $1,506,538
    $1,816,713

    Comparable in this City

    • Value Estimation by Request
      6,574 SF

      147 Bradley Ln

      MANUFACTURING (LIGHT) • 6,574 SF
      147 Bradley Ln, New London, NC 28127
      View Details
    • Value Estimation
      $940,000
      106,680 SF

      44073 Us 52nd N Hwy

      MANUFACTURING (LIGHT) • 106,680 SF
      44073 Us 52nd N Hwy, New London, NC 28127
      View Details
    • Value Estimation by Request
      48,743 SF

      44266 Moss Ln

      MANUFACTURING (LIGHT) • 48,743 SF
      44266 Moss Ln, New London, NC 28127
      View Details
    • Value Estimation by Request
      382.00 Acres

      Nc 49th Hwy

      INDUSTRIAL (GENERAL) • 382.00 Acres
      Nc 49th Hwy, New London, NC 28127
      View Details
    • Value Estimation by Request
      9,144 SF

      29173 Kendalls Church Rd

      WAREHOUSE, STORAGE • 9,144 SF
      29173 Kendalls Church Rd, New London, NC 28127-6700
      View Details
    • Value Estimation
      $695,000
      45,480 SF

      44060 Us 52nd N Hwy

      WAREHOUSE, STORAGE • 45,480 SF
      44060 Us 52nd N Hwy, New London, NC 28127-9726
      View Details

    Similar Nearby for Sale

    • $35,000
      0.45 Acres

      Wooded Lot with Water Views

      Nearly half-acre wooded corner lot with water views in gated community.
      102 Archer Gln, New London, NC 28127
      View Details
    • $350,000
      15.70 Acres

      Land in Scenic Stanly County

      15.7 acres with development potential near Badin Lake.
      Moss Ln, New London, NC 28127
      View Details
    • $40,000
      0.06 Acres

      Vacant Lot in Gated Community

      Vacant lot in waterfront community with many amenities.
      143 Club House Dr, New London, NC 28127
      View Details
    • New
      $60,000
      0.42 Acres

      Residential Land with Golf Course View

      Level homesite with golf course frontage and community amenities.
      202 Brg Patterson's, New London, NC 28127
      View Details
    • New
      $37,500
      1.02 Acres

      Golf Course Lot for Dream Home

      Large golf course lot to build your dream home.
      104 N State Ln, New London, NC 28127
      View Details
    • Contact for pricing
      0.81 Acres

      Residential Lot in Gated Community

      0.81-acre lot in Heron Bay, Badin Lake community.
      175 Lakewood Ct, New London, NC 28127
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    34531 Random Dr
    New London, NC 28127
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.