Property profile

640 Pee Dee Ave Norwood, NC 28128

OFF-MARKET
Commercial real estate
Property ID
US53-1312834
3,160 SF 0.28 ac lot Built 1968
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1968
Total area 3,160 SF
Lot 0.28 ac (12,197 SF)
Zoning code G-B
APN 656404522052
UPID US53-1312834

Cap rate & NOI

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

Location

640 Pee Dee Ave Norwood, NC 28128-6409
Norwood metro Census 931101 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2022
$130,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

G-B · Norwood, NC
Zoning description

(I) General business district (GB and GB-CD) .................................................. III-5 (J) Light manufacturing district (M-1 and M-1-CD) .......................................... III-6 3-3. Overlay Distri…

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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