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Property profile & analytics
OFF-MARKET Estimated value $555,000
Garden apartment buildings

726 End Ave 732 Statesville, NC 28677-5182

3,568 SF 4.8 ac lot Built 1984
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US53-1429824
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1984
Construction WOOD
Total area 3,568 SF
Lot 4.8 ac (209,262 SF)
Zoning code R-5MF
APN 4734-65-3465.000
UPID US53-1429824
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$500k
Comparable Approach Comparable
$348k
Blend (final) Blend
$555k
Owner & transaction history
Mckinney Co Of Statesville LLC
Mckinney Co Of Statesville LLC
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R-5MF · Statesville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Multi-Family Residential District, the R-5MF High Density Multi-Family Residential District, subject to the following requirements: a. Minimum side and rear yard setbacks shall conform to the underlying district. However, where adjoining land is developed with single-family dwellings or zoned for single family dwellings only, the side setback shall be fiftee…

Zone name High Density Multifamily Residential District
General category RESIDENTIAL
Zone area 933.48 ac
Source code of ordinances
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