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    Property profile & analytics

    605 Main St Troutman, NC 28166-8529

    • Grocery and convenience stores
    • 1,536 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Oct 07, 2020
    $290,500
    Location Intelligence
    Property ID
    US53-2314483
    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

    • Grocery and convenience stores

    Property Details for 605 Main St

    Year built
    1966
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.10 lot acres
    Property size
    1,536 SF
    Zone code
    HB
    Property type
    Grocery and convenience stores
    APN
    4732-60-9316.000
    APU
    4732609316000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $280,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $300,000
      Mixed-Use
      $255,000
      Hospitality
      $310,000
      Educational
      $235,000
      Residential Income
      $270,000
      Energy
      $265,000
      Income-Based Land
      $235,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Troutman
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.897
    Latitude
    35.7145
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC 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
    $3,191
    $195,800
    $94,250
    $290,050
    -
    $195,800
    $94,250
    $290,050

    Comparable in this City

    • Value Estimation by Request
      15,736 SF

      1023 Charlotte Hwy

      CONVENIENCE STORE • 15,736 SF
      1023 Charlotte Hwy, Troutman, NC 28166-8731
      View Details
    • Value Estimation by Request
      5,406 SF

      121 Julian Pl, Unit 123

      CONVENIENCE STORE • 5,406 SF
      121 Julian Pl, Troutman, NC 28166-8819
      View Details
    • Value Estimation
      $375,000
      5,040 SF

      155 Main St

      CONVENIENCE STORE • 5,040 SF
      155 Main St, Troutman, NC 28166-9739
      View Details
    • Value Estimation
      $275,000
      2,760 SF

      225 Main St

      CONVENIENCE STORE • 2,760 SF
      225 Main St, Troutman, NC 28166
      View Details
    • Value Estimation
      $275,000
      4,900 SF

      818 Perth Rd

      CONVENIENCE STORE • 4,900 SF
      818 Perth Rd, Troutman, NC 28166-9400
      View Details
    • Value Estimation
      $335,000
      848 SF

      803 Perth Rd

      RETAIL STORES (PERSONAL SERVICES) • 848 SF
      803 Perth Rd, Troutman, NC 28166-9400
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Charlotte Highway Commercial Property

      Commercial property on Charlotte Highway with high traffic volume.
      Troutman, NC 28166
      View Details
    • $1,100,000
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      Tractor Supply Outparcel Investment

      High-traffic retail land, pad-ready, NC.
      726 Main St, Troutman, NC 28166
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    • $2,900,000
      42.25 Acres

      42-Acre Commercial Development Opportunity

      42 acres near I-77, rezoned commercial, ideal for development.
      134 Iredell Ave, Troutman, NC 28166
      View Details
    • $99,000
      2.30 Acres

      Troutman Land with Existing Utilities

      2.3 acres in Troutman with well and septic in place.
      154 Winford Rd, Troutman, NC 28166
      View Details
    • $9,500,000
      49.88 Acres

      Residential Land in Gated Community

      49.88 acres for a 45-48 lot subdivision near Mooresville.
      228 Fern Hill Rd, Troutman, NC 28166
      View Details
    • New
      $85,000
      0.35 Acres

      Residential Lot in Growing Troutman

      Spacious lot for custom home in desirable Troutman location.
      340 Field Dr, Troutman, NC 28166
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      53,000 SF

      Troutman Retail Center Investment

      Prime Food Lion-anchored center, 15 suites available.
      1127 Charlotte Hwy, Troutman, NC 28166
      View Details
    • Contact for pricing

      2.6 Acres Near I-77 Exit

      2.6 acres for ground lease near I-77 in Troutman.
      S Main St, Troutman, NC 28166
      View Details
    • $225,625
      242,978 SF

      Troutman Commercial Land Opportunity

      Almost 6 acres in the heart of Troutman, North Carolina.
      694 N Main St, Troutman, NC 28166
      View Details
    • $7 SF/Yr
      14,400 SF

      Troutman Heavy Industrial Facility

      14,400 sq ft industrial building for lease in Troutman, NC.
      344 Field Dr, Troutman, NC 28166
      View Details
    • $5 SF/Yr
      301,000 SF

      Distribution Facility in Iredell County

      301,000 SF distribution facility with easy highway access.
      279 Old Murdock Rd, Troutman, NC 28166
      View Details

    Property Visit Statistics

    • Visits by month
      4.7k
    • Visitors by month
      3.0k
    • Avg Time on site
      9 min
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    605 Main St
    Troutman, NC 28166-8529
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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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