Property profile

542 Frk Rd Norwood, NC 28128

OFF-MARKET
Community centers
Property ID
US53-1981707
39,448 SF 4.49 ac lot Built 1987
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1987
Total area 39,448 SF
Lot 4.49 ac (195,584 SF)
Zoning code H-B
APN 656302850632
UPID US53-1981707

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
  • Big Box & Wholesale Store
  • Atm Currency Exchange Service
  • Grocery & Convenience Store Food Market
  • Bank Credit Union
  • Bank Credit Union

Location

542 Frk Rd Norwood, NC 28128-8445
Norwood metro Census 931102 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.96M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.84M

Owner & transaction history

since 2021
Last sale
$1.7M
2 recorded transactions
2021
$1.7M
2018
$1.6M

Zoning & alternative use

H-B · Norwood, NC
Zoning description

(H) Highway business district (HB and HB-CD) ................................................. III-5 (I) General business district (GB and GB-CD) .................................................. III-5 (J) Light manufac…

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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