Property profile

71 Cheek St Sparta, NC 28675

OFF-MARKET
Office buildings
Property ID
US53-4261412
0.14 ac lot Built 1993
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a six-unit apartment building configured with four units on the main level and two units on a lower level. The units are similarly sized but feature different floor plan layouts. Heating is provided via electric baseboard heaters in five units, with one unit using a heat pump. The building is located within the town limits and is serviced by town water and sewer connections. Each unit has a new hot water heater and new flooring; four units include in-unit washer and dryer hookups, while units 5 and 6 share a utility room. Approximately half of the windows have been replaced, and one side of the building has new siding. Fiber optic internet service is available, supporting residential work-from-home connectivity. The building is within walking distance of downtown amenities including restaurants, a bank, the post office, a grocery store, and a church.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1993
Lot 0.14 ac (6,098 SF)
APN 3070688617
UPID US53-4261412

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
  • Tax Preparation

Location

71 Cheek St Sparta, NC 28675
Sparta metro Census 950200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2017
1 recorded transaction
2017
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 71 Cheek St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message