Property profile

507 3rd St Siler City, NC 27344

OFF-MARKET
Grocery and convenience stores
Property ID
US53-1304353
2,520 SF 0.81 ac lot Built 1988
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,520 SF
Lot 0.81 ac (35,109 SF)
Zoning code C-C
APN 16024
UPID US53-1304353

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
  • Atm
  • Gas Station
  • Gas Station
  • Gas Station
  • Atm

Location

507 3rd St Siler City, NC 27344-3031
Siler City metro Census 20401 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2019
3 recorded transactions
2019
$562,500
2012
$192,000
2005
$175,000

Zoning & alternative use

C-C · Siler City, NC
Zoning description

The C-C (central business) district is designed to accommodate a wide variety of commercial activities oriented towards pedestrians and which will result in the most intensive and attractive use of the town's central bus…

General category COMMERCIAL

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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