Property profile

407 Spruce SW St Lenoir, NC 28645

OFF-MARKET
Garden apartment buildings
Property ID
US53-1426079
4,800 SF 100 ac lot Built 1985
Entity Owned 4-yr Hold
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1985
Construction WOOD
Total area 4,800 SF
Lot 100 ac (4,356,000 SF)
APN 06 38 1 24
UPID US53-1426079

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

407 Spruce SW St Lenoir, NC 28645-5536
Lenoir metro Census 30100 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
$510k
Comparable Approach Comparable
$445k
Blend (final) Blend
$510k

Owner & transaction history

since 2022
Last sale
$330,000
6 recorded transactions
2024
Price N/A
2022
$330,000
2018
Price N/A
2014
$174,000
2008
$170,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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