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    Property profile & analytics

    40425 Tower Rd New London, NC 28127-8527

    • Warehouses
    • 8,400 SF
    • 7.06 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US53-2260648
    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

    • Warehouses

    Property Details for 40425 Tower Rd

    Year built
    1990
    Lot size
    7.06 lot acres
    Property size
    8,400 SF
    Property type
    Warehouses
    APN
    665103132508
    APU
    665103132508

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.1709
    Latitude
    35.4303
    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
    $2,515
    $39,790
    $326,013
    $365,803
    -
    $66,315
    $326,013
    $392,328

    Comparable in this City

    • 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
    • Value Estimation
      $385,000
      7,500 SF

      141 Raven Rdg

      WAREHOUSE, STORAGE • 7,500 SF
      141 Raven Rdg, New London, NC 28127-9145
      View Details
    • Value Estimation
      $380,000
      9,200 SF

      38081 Saw Ml Rd

      WAREHOUSE, STORAGE • 9,200 SF
      38081 Saw Ml Rd, New London, NC 28127-9569
      View Details
    • Value Estimation
      $655,000
      24,000 SF

      40867 Airport Rd

      WAREHOUSE, STORAGE • 24,000 SF
      40867 Airport Rd, New London, NC 28127-9597
      View Details
    • Value Estimation
      $460,000
      12,500 SF

      40592 Airport Rd

      WAREHOUSE, STORAGE • 12,500 SF
      40592 Airport Rd, New London, NC 28127-8500
      View Details

    Similar Nearby for Sale

    • $45,000
      0.92 Acres

      Badin Lake Gated Community Lot

      Corner lot in Heron Bay with community amenities.
      108 Chersonese Ct, New London, NC 28127
      View Details
    • $69,000
      1.87 Acres

      Badin Lake Water View Lot

      1.87 acre wooded lot with water views in gated community.
      2135 Southpoint Ln, Badin Lake, NC 28127
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    • $74,900
      0.94 Acres

      Waterfront Lot in Gated Community

      Badin Lake waterfront lot in Heron Bay with septic permit.
      Whisper Lk Dr, Badin Lake, NC 28127
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    • $39,900
      3.70 Acres

      Land in Gated Waterfront Community

      3.7-acre building site in Heron Bay, New London, NC.
      565 Whisper Lake Dr, New London, NC 28127
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    • $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
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    • $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
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    40425 Tower Rd
    New London, NC 28127-8527
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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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