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    Property profile & analytics

    355 Murray Hl Rd Southern Pines, NC 28387-6224

    • Commercial land
    • 2.42 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 23, 2022
    $500,000
    Location Intelligence
    Property ID
    US53-5209486
    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 land

    Property Details for 355 Murray Hl Rd

    Lot size
    2.42 lot acres
    Zone code
    GB
    Property type
    Commercial land
    APN
    46731
    APU
    46731

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Southern Pines
    County
    Moore
    State
    North Carolina
    Longitude
    -79.4213
    Latitude
    35.165
    CBSA code
    38240
    CBSA name
    PINEHURST-SOUTHERN PINES, 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
    $2,903
    $455,320
    $0.00
    $455,320
    -
    $455,320
    $0.00
    $455,320

    Comparable in this City

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      Us Hwy 1st 1

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      1.17 Acres

      2127 Creswell Dr

      VACANT COMMERCIAL LAND • 1.17 Acres
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      0.23 Acres

      Cypress Cir

      VACANT COMMERCIAL LAND • 0.23 Acres
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    • Value Estimation by Request
      0.82 Acres

      Delaware Ave

      VACANT COMMERCIAL LAND • 0.82 Acres
      Delaware Ave, Southern Pines, NC 28387
      View Details

    Similar Nearby for Sale

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      Pending

      Southern Pines Commercial Land Opportunity

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    Similar Nearby for Lease

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      Downtown Southern Pines Office/Retail

      Prime Southern Pines location, flexible space.
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      Downtown Southern Pines Office Space

      Professional office space for lease in downtown Southern Pines.
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      Downtown Southern Pines Retail Sublease

      Retail sublease in downtown Southern Pines with architectural details.
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      Downtown Southern Pines Office Space

      Individual office space in downtown Southern Pines, available immediately.
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      Prime Southern Pines Office & Retail Space

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    355 Murray Hl Rd
    Southern Pines, NC 28387-6224
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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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