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    Property profile & analytics

    537 Fayetteville St Asheboro, NC 27203-4725

    • Retail space
    • 3,220 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US53-2170655
    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

    • El Mercado Grocery / Grocery Store / Supermarket
    • MoneyGram / Money Transfer Service

    Property Details for 537 Fayetteville St

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    0.27 lot acres
    Property size
    3,220 SF
    Zone code
    B2
    Property type
    Retail space
    APN
    7751858735
    APU
    7751858735

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $180,000
      6.5%
      $180,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $165,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $180,000
      Retail
      $160,000
      Mixed-Use
      $160,000
      Hospitality
      $145,000
      Educational
      $175,000
      Residential Income
      $185,000
      Energy
      $175,000
      Income-Based Land
      $190,000
      Food Service
      $185,000

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.8121
    Latitude
    35.7141
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, 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
    2023
    $4,299
    $151,900
    $172,470
    $324,370
    -
    $151,900
    $172,470
    $324,370

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      Fayetteville St

      RETAIL STORES (PERSONAL SERVICES) • 0.10 Acres
      Fayetteville St, Asheboro, NC 27203
      View Details
    • Value Estimation by Request
      9,360 SF

      1530 Dixie Dr

      RETAIL STORES (PERSONAL SERVICES) • 9,360 SF
      1530 Dixie Dr, Asheboro, NC 27203-8803
      View Details
    • Value Estimation by Request
      8,296 SF

      810 Dixie Dr

      RETAIL STORES (PERSONAL SERVICES) • 8,296 SF
      810 Dixie Dr, Asheboro, NC 27203-6614
      View Details
    • Value Estimation by Request
      784 SF

      224 Fayetteville St

      RETAIL STORES (PERSONAL SERVICES) • 784 SF
      224 Fayetteville St, Asheboro, NC 27203-5725
      View Details
    • Value Estimation by Request
      2,223 SF

      801 Martin Luther King Jr Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,223 SF
      801 Martin Luther King Jr Dr, Asheboro, NC 27203-4990
      View Details
    • Value Estimation by Request
      1,750 SF

      322 Salisbury St

      RETAIL STORES (PERSONAL SERVICES) • 1,750 SF
      322 Salisbury St, Asheboro, NC 27203-5442
      View Details

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      Asheboro Retail Property - High Traffic

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    Similar Nearby for Lease

    • $12 SF/Yr
      3,591 SF

      Office/Retail Space For Rent

      3,591 SF office/retail space with abundant parking.
      1064 E Dixie Dr, Asheboro, NC 27203
      View Details
    • Contact for pricing

      Retail Building at Busy Intersection

      Retail building with showroom, sales, and warehouse space for rent.
      603 N Fayetteville St, Asheboro, NC 27203
      View Details
    • $12 SF/Yr
      48,971 SF

      Asheboro Plaza: Prime Retail Space

      Retail, office, medical space available.
      338-372 Fayetteville St, Asheboro, NC 27203
      View Details
    • $1.00 SF/Yr
      4,022 SF

      Restaurant Space For Rent

      Restaurant space available for lease in Asheboro, North Carolina.
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      View Details
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    Asheboro, NC 27203-4725
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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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