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    Property profile & analytics

    505 Nc Hwy 37th S Gatesville, NC 27938

    • Commercial real estate
    • 4,020 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US53-4574972
    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

    • Commercial real estate

    Property Details for 505 Nc Hwy 37th S

    Year built
    1940
    Lot size
    0.72 lot acres
    Property size
    4,020 SF
    Property type
    Commercial real estate
    APN
    01-01434
    APU
    101434

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gatesville
    County
    Gates
    State
    North Carolina
    Longitude
    -76.7604
    Latitude
    36.4724
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-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
    2024
    $0.00
    $27,977
    $227,620
    $255,597
    -
    $27,977
    $227,620
    $255,597

    Comparable in this City

    • Value Estimation by Request
      0.89 Acres

      2 Carters Rd

      COMMERCIAL (GENERAL) • 0.89 Acres
      2 Carters Rd, Gatesville, NC 27938
      View Details
    • Value Estimation by Request
      1,052 SF

      159 158th Bus E

      COMMERCIAL (GENERAL) • 1,052 SF
      159 158th Bus E, Gatesville, NC 27938
      View Details
    • Value Estimation by Request
      1,328 SF

      104 Ct St

      COMMERCIAL (GENERAL) • 1,328 SF
      104 Ct St, Gatesville, NC 27938
      View Details
    • Value Estimation by Request
      2,336 SF

      405 Main St

      COMMERCIAL (GENERAL) • 2,336 SF
      405 Main St, Gatesville, NC 27938-9524
      View Details
    • Value Estimation by Request
      2,064 SF

      131 Main St

      COMMERCIAL (GENERAL) • 2,064 SF
      131 Main St, Gatesville, NC 27938-9308
      View Details
    • Value Estimation by Request
      14,590 SF

      Ct St

      COMMERCIAL (GENERAL) • 14,590 SF
      Ct St, Gatesville, NC 27938
      View Details

    Similar Nearby for Sale

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      Gatesville Land with Timber Value

      26.5 acres of land near Gatesville with timber value.
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      Wooded Acreage in Gates County

      44.5 acres of wooded land near US-158.
      Us-158 Bus, Gatesville, NC 27938
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    • $37,900
      2.44 Acres

      Residential Land in Gatesville, NC

      2.44-acre parcel for single-family residential use.
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    505 Nc Hwy 37th S
    Gatesville, NC 27938
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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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