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Financial
Distress signals
Property profile

509 Randolph St Thomasville, NC 27360

OFF-MARKET
Commercial real estate
Property ID
US53-1753414
8,680 SF 0.82 ac lot Built 2001
Last sale Oct 2024 · $820,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 0.82-acre commercial property at 509 Randolph Street presents a unique investment opportunity. Built in 2001, the building originally served as a high-end residential/commercial design studio, boasting an attractive brick and stucco exterior with a grand entrance. The C2 (Highway Commercial) zoning allows for diverse uses. The property features two street access points on Randolph Street and ample parking with 25 surface spaces. A heated (but not cooled) warehouse is included,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$652k
Effective rate1.33%

Value estimate

· Oct 2026
$820k
$738k – $902k
AI approach$820k
CAP approach$1.09M
Submarket $/SF estimate$826k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$77/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$34 – $117
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2
JurisdictionDAVIDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.5
Realty agency12.4
HVAC Service10.5

Location

509 Randolph St Thomasville, NC 27360-5124
County assessor Recorded deeds · 3 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42 Trade, Thomasville, NC 27360-3931 $60,000 Dec 2025 5,112 SF
8937 Us Hwy 64, Thomasville, NC 27360-7737 $150,000 Jul 2025 5,916 SF
10 Main, Thomasville, NC 27360-4044 $165,000 Feb 2025 10,420 SF
8 Main, Thomasville, NC 27360-3935 $180,000 Apr 2024 6,240 SF
400 Main, Thomasville, NC 27360-4149 $110,000 Apr 2024 9,265 SF
18 Salem, Thomasville, NC 27360-3904 $160,000 Apr 2024 4,770 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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