Technical
Financial
Distress signals
Property profile

605 Main St Troutman, NC 28166

OFF-MARKET
Grocery and convenience stores
Property ID
US53-2314483
1,536 SF 1.1 ac lot Built 1966
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,536 SF
Lot 1.1 ac (47,916 SF)
Zoning code HB
APN 4732-60-9316.000
UPID US53-2314483

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
  • Bank Credit Union
  • Gas Station
  • Gas Station

Location

605 Main St Troutman, NC 28166-8529
Troutman metro Census 61201 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2020
Last sale
$290,500
1 recorded transaction
2020
$290,500

Zoning & alternative use

HB · Troutman, NC
Zoning description

DISTRICT OI NC CB LC HB LI & HI Office and Institutional Neighborhood Center Central Business Local Commercial Highway Business Industrial 1. DEVELOPMENT HI is Conditional Only A. Maximum Density 4 dwelling units/acre no…

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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