Property profile

581 3rd St Siler City, NC 27344

OFF-MARKET
Retail space
Property ID
US53-5792972
11,085 SF 0.93 ac lot Built 1995
Individually Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Construction WOOD
Total area 11,085 SF
Lot 0.93 ac (40,511 SF)
Zoning code H-C
APN 69585
UPID US53-5792972

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 Hardware & Home Improvement

Location

581 3rd St Siler City, NC 27344-3235
Siler City metro Census 20402 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$325k

Owner & transaction history

since 2017
6 recorded transactions
2017
$6,500
2010
$400,000
2010
$309,000
2004
$300,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

H-C · Siler City, NC
Zoning description

The H-C (highway commercial) district is designed to accommodate the widest range of commercial activities including businesses that primarily draw from and provide services to major thoroughfares.

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $1.5M +34.0%
Auto repair, garage $1.3M +17.6%
Commercial (general) $1.2M +12.4%

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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