Property profile

611 Central Ave Belmont, NC 28012

OFF-MARKET
Banks
Property ID
US53-0094962
4,862 SF 0.8 ac lot Built 1920
Individually Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1920
Total area 4,862 SF
Lot 0.8 ac (34,848 SF)
Zoning code OFF03
APN 125071
UPID US53-0094962

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
  • Insurance Agency
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

611 Central Ave Belmont, NC 28012-3151
Belmont metro Census 32301 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$568k
Blend (final) Blend
$515k

Owner & transaction history

since 2013
3 recorded transactions
2013
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OFF03 · Belmont, NC
Top alternative use upside
Medical building $775,000 +79.3%
Commercial (general) $595,000 +38.3%

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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