Technical
Financial
Distress signals
Property profile

505 Main St Cherryville, NC 28021

OFF-MARKET
Retail space
Property ID
US53-1117463
2,664 SF 0.18 ac lot Built 1958
Individually Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1958
Total area 2,664 SF
Lot 0.18 ac (7,841 SF)
Zoning code STOR1
APN 129384
UPID US53-1117463

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Distribution Center Logistics Company
  • Distribution Center Logistics Company

Location

505 Main St Cherryville, NC 28021-3414
Cherryville metro Census 30700 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2015
Last sale
$85,000
1 recorded transaction
2015
$31,000

Zoning & alternative use

STOR1 · Cherryville, NC

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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