Property profile

524 Bailey St Asheboro, NC 27203

OFF-MARKET
Auto shops
Property ID
US53-1942297
6,796 SF 1.58 ac lot Built 1940
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1940
Construction WOOD
Total area 6,796 SF
Lot 1.58 ac (68,825 SF)
Zoning code I1 (CZ)
APN 7752679322
UPID US53-1942297

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
  • Building Supply

Location

524 Bailey St Asheboro, NC 27203-3610
Asheboro metro Census 30400 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2020
Last sale
$256,900
1 recorded transaction
2020
$400,000

Zoning & alternative use

I1 (CZ) · Asheboro, NC
Zoning description

The intent of the I1 Industrial Development District is to produce areas for manufacturing, processing and assembly uses, commercial uses, distribution and servicing enterprises, controlled by performance standards to li…

General category INDUSTRIAL

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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