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    Property profile & analytics

    3469 Hwy 242 Benson, NC 27504

    • Commercial real estate
    • 1,200 SF
    • 2.67 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 08, 2025
    Location Intelligence
    Property ID
    US53-2064742
    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

    • Commercial real estate

    Property Details for 3469 Hwy 242

    Year built
    1930
    Lot size
    2.67 lot acres
    Property size
    1,200 SF
    Zone code
    IND
    Property type
    Commercial real estate
    APN
    01F12044A
    APU
    01F12044A

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Benson
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.5195
    Latitude
    35.3269
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, 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
    2024
    $735
    $40,620
    $50,070
    $90,690
    -
    $40,620
    $50,070
    $90,690

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

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      1955 Federal Rd

      COMMERCIAL (GENERAL) • 1,550 SF
      1955 Federal Rd, Benson, NC 27504-8381
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      1,920 SF

      1036 Godwin Lk Rd

      COMMERCIAL (GENERAL) • 1,920 SF
      1036 Godwin Lk Rd, Benson, NC 27504-6332
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      4,000 SF

      209 Main St

      COMMERCIAL (GENERAL) • 4,000 SF
      209 Main St, Benson, NC 27504-1508
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      2,250 SF

      103 Main St, Unit 105

      COMMERCIAL (GENERAL) • 2,250 SF
      103 Main St, Benson, NC 27504-1343
      View Details
    • Value Estimation by Request
      10,120 SF

      86 Allen Wood Ln

      COMMERCIAL CONDOMINUIM • 10,120 SF
      86 Allen Wood Ln, Benson, NC 27504
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Benson Commercial Land Opportunity

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      Residential Corner Lot in Benson

      Level, 0.32-acre residential corner lot in the heart of Benson.
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    Similar Nearby for Lease

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      Benson, NC Outparcel Opportunity

      2.70 acre outparcel available for lease or build-to-suit.
      Benson, NC 27504
      View Details
    • Contact for pricing
      270,734 SF

      Benson Global II: Premier Industrial Space

      Modern 270,734 SF Manufacturing/Flex Facility
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      View Details
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    3469 Hwy 242
    Benson, NC 27504
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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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