Property profile

606 Greensboro St Asheboro, NC 27203

FOR SALE
Industrial land
Property ID
US53-1759558
Individually Owned 8-yr Hold
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Property summary

AI-generated overview

Two parcels are being sold together as one. Tax IDs 7751967022 and 7751967027 combine for a total lot size of 0.32 acres. Zoned I-1 (Light Industrial). Given the existing dwellings, rezoning for single- or two-family development may be possible—great opportunity for a twin home. No subdividing allowed. Conveniently located near multiple medical offices and just 5 minutes from downtown Asheboro.

Property profile

Verified
Property type Industrial land
UPID US53-1759558

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

606 Greensboro St Asheboro, NC 27203
Asheboro metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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