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    Property profile & analytics

    503 7th Ave Raeford, NC 28376-2268

    • Grocery and convenience stores
    • 1,935 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 01, 2023
    $40,000
    Location Intelligence
    Property ID
    US53-4637902
    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

    • Grocery and convenience stores

    Property Details for 503 7th Ave

    Year built
    1985
    Construction
    FRAME
    Property size
    1,935 SF
    Property type
    Grocery and convenience stores
    APN
    694351801097
    APU
    694351801097

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raeford
    County
    Hoke
    State
    North Carolina
    Longitude
    -79.2181
    Latitude
    34.9879
    CBSA code
    22180
    CBSA name
    FAYETTEVILLE, NC METROPOLITAN 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
    2022
    $362
    $18,480
    $31,040
    $49,520
    -
    $18,480
    $31,040
    $49,520

    Comparable in this City

    • Value Estimation by Request
      3,726 SF

      5609 Fayetteville Rd

      CONVENIENCE STORE • 3,726 SF
      5609 Fayetteville Rd, Raeford, NC 28376-6258
      View Details
    • Value Estimation
      $435,000
      2,400 SF

      2196 Hwy 401st Bus

      CONVENIENCE STORE • 2,400 SF
      2196 Hwy 401st Bus, Raeford, NC 28376-5857
      View Details
    • Value Estimation
      $400,000
      5,200 SF

      644 Prospect Rd

      CONVENIENCE STORE • 5,200 SF
      644 Prospect Rd, Raeford, NC 28376-8748
      View Details
    • Value Estimation by Request
      3,975 SF

      422 Aberdeen Rd

      CONVENIENCE STORE • 3,975 SF
      422 Aberdeen Rd, Raeford, NC 28376-6061
      View Details
    • Value Estimation by Request
      1,400 SF

      9714 Fayetteville Rd

      CONVENIENCE STORE • 1,400 SF
      9714 Fayetteville Rd, Raeford, NC 28376-6526
      View Details
    • Value Estimation
      $450,000
      2,484 SF

      705 Laurinburg Rd

      CONVENIENCE STORE • 2,484 SF
      705 Laurinburg Rd, Raeford, NC 28376-6213
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      253 Flagstone Ln, Raeford, NC 28376

      Retail properties
      253 Flagstone Ln, Raeford, NC 28376
      View Details
    • Contact for pricing

      Raeford Retail Space - Investment Opportunity

      High-return retail property in Raeford, NC.
      8100 Fayetteville Rd, Raeford, NC 28376
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      Raeford Retail Space - Great Value

      Prime Raeford location, affordable retail space. Ideal for small business.
      257 Flagstone Ln, Raeford, NC 28376
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      Raeford Retail Space - Great Lane

      Prime Raeford retail location. Affordable lease opportunity.
      109 Great Ln, Raeford, NC 28376
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    • Contact for pricing

      Raeford Retail Space - Great Lane

      Prime Raeford retail opportunity. Affordable price, high potential.
      121 Great Ln, Raeford, NC 28376
      View Details
    • $585,000
      1.23 Acres

      Cleared Lot off Hwy 401

      Cleared 1.23 acre lot ideal for franchises with drive-thrus.
      8067 Fayetteville Rd, Raeford, NC 28376
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      2,000 SF

      Raeford Retail/Office Space Available

      High-visibility retail/office space in a thriving commercial corridor.
      220 Gridley Ln, Raeford, NC 28376
      View Details
    • $4,045 /Mo

      Retail Space in Starz Shopping Center

      Pre-leasing retail spaces in planned Raeford shopping center.
      3698 Johnson Mill Rd, Raeford, NC 28376
      View Details
    • $2,500 /Mo
      Pending

      Retail Space in Raeford, NC

      1,300 SF end unit in Bedford Commons for lease.
      129 Great Ln, Raeford, NC 28376
      View Details
    • $20 SF/Yr
      1,500 SF

      Retail Space on Fayetteville Road

      1500 sq ft retail space for lease on US 401.
      8132 Fayetteville Rd, Raeford, NC 28376
      View Details
    • $3,000 /Mo

      Retail Space in Raeford, NC

      Prime retail space available in a high-traffic Raeford location.
      117 Great Ln, Raeford, NC 28376
      View Details
    • $18 SF/Yr
      10,000 SF

      Prime Raeford Creative Office Space

      2,000 SF Available, Modern Office
      220 Gridley Ln, Raeford, NC 28376
      View Details
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    Raeford, NC 28376-2268
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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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