Back to Search
Property profile & analytics
OFF-MARKET
Apartment buildings
726 Hammer Ave Asheboro, NC 27203-6313
Individually Owned
5-yr Hold
Absentee Owner
Property ID
US53-1339219
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1994
Construction
WOOD
Total area
1,680 SF
Lot
0.17 ac (7,405 SF)
Zoning code
OA6
APN
7750793938
UPID
US53-1339219
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ethan Marsh · 5 yrs held
Ethan Marsh
since 2020
6 recorded transactions
Zoning & alternative use
OA6 · Asheboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Asheboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Asheboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,847
Tax year 2023
Assessed value
$139,350
Assessed 2023
Previous assessed
$139,350
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$30,000
Assessed improvement
$109,350
Land market value
$30,000
Improvement market value
$109,350
Total market value
$139,350
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
OTHER
Cooling
WINDOW A/C
Stories
1
Units
3
Bathrooms
3
Total area
1,680 SF
Lot
0.17 ac (7,405 SF)
Zoning code
OA6
APN
7750793938
UPID
US53-1339219
Jurisdiction
RANDOLPH
Zoning & alternative use
OA6 · Asheboro, NC
Zoning OA6 · permitted uses
OA6 · Asheboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Asheboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
1
Units
3
Bathrooms
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Ethan Marsh
Individual
Mailing address
465 LEWALLEN RD, ASHEBORO, NC 27205-6111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
$210,000
Ethan Marsh
Larry W Mckenzie
Warranty Deed
$199,405 · Wells Fargo Bk
Aug 24, 2020
$205,000
Evan Storie
Larry W Mckenzie
Warranty Deed
$195,000 · State Emps FCU
Aug 7, 2020
$26,500
Larry W Mckenzie
Clayton T Tucker
Warranty Deed
—
Nov 27, 2019
$75,000
Larry W Mckenzie
Clayton T Tucker
Warranty Deed
—
May 14, 2013
—
Clayton T Tucker
—
Deed Of Trust
related
$2,519,000 · Randolph Bank & Trust Co
—
—
Clayton T Tucker
—
Deed Of Trust
related
$208,511 · Central Carolina Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 726 Hammer Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
