Property profile

515 Norwood St Wallace, NC 28466

OFF-MARKET
Commercial real estate
Property ID
US53-2804069
8,500 SF 0.52 ac lot Built 1975
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Construction CONCRETE
Total area 8,500 SF
Lot 0.52 ac (22,500 SF)
APN 09-3438- - -
UPID US53-2804069

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
  • Insurance Agency

Location

515 Norwood St Wallace, NC 28466-1619
Wallace metro Census 90705
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2024
Last sale
$355,000
3 recorded transactions
2024
$355,000
2016
$175,000
2016
$164,352

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 515 Norwood St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message