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Property profile & analytics
OFF-MARKET Estimated value $9,255,000
Flex space

350 Old Murdock Rd Troutman, NC 28166-9699

133,080 SF 36.55 ac lot Built 1982
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US53-0670352
Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1982
Construction STONE
Total area 133,080 SF
Lot 36.55 ac (1,591,944 SF)
Zoning code HI
APN 4732-90-8378.000
UPID US53-0670352
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.26M
Owner & transaction history
County Of Iredell · 5 yrs held
County Of Iredell
since 2021
4 recorded transactions
2021
Price N/A
2009
$4.7M
2007
Price N/A
2007
$4.3M
Zoning & alternative use
HI · Troutman, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DISTRICT OI NC CB LC HB LI & HI Office and Institutional Neighborhood Center Central Business Local Commercial Highway Business Industrial 1. DEVELOPMENT HI is Conditional Only A. Maximum Density 4 dwelling units/acre no max no max No max no max n/a B. Required Open Space/ Park Space n/a 10% n/a n/a n/a n/a C. Perimeter Buffer (see also 5.1.5.A) Buffers requ…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 534.25 ac
Source Ordinances | Troutman, NC
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