Property profile

4445 Hwy 24th 27th E Midland, NC 28107

OFF-MARKET
Grocery and convenience stores
Property ID
US53-1417263
4,402 SF 1.7 ac lot Built 1985
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,402 SF
Lot 1.7 ac (74,052 SF)
Zoning code C 24/27
APN 5555 20 2139
UPID US53-1417263

Cap rate & NOI

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

Location

4445 Hwy 24th 27th E Midland, NC 28107-9700
Midland metro Census 41604 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.83M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.12M

Owner & transaction history

since 2023
Last sale
$5.0M
6 recorded transactions
2023
$5.0M
2023
Price N/A
2022
$2.0M
2022
Price N/A
2021
Price N/A
2016
Price N/A

Zoning & alternative use

C 24/27 · Midland, NC
Zoning description

The Commercial District (C 24/27) is established to provide opportunities for compatible and sustainable development where the dominant mode of transportation is the automobile. The auto-oriented street, lot, and buildin…

General category CIVIC_INSTITUTIONAL

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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