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    Property profile & analytics

    7816 Erect Rd Seagrove, NC 27341-8185

    • Grocery and convenience stores
    • 2,060 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1334483
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Teague Store / Gas Station

    Property Details for 7816 Erect Rd

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.92 lot acres
    Property size
    2,060 SF
    Zone code
    HC
    Property type
    Grocery and convenience stores
    APN
    8605387956
    APU
    8605387956

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Seagrove
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.6597
    Latitude
    35.5591
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $576
    $46,000
    $49,950
    $95,950
    -
    $46,000
    $49,950
    $95,950

    Comparable in this City

    • Value Estimation
      $2,425,000
      5,491 SF

      434 Little Riv Rd

      CONVENIENCE STORE • 5,491 SF
      434 Little Riv Rd, Seagrove, NC 27341-9041
      View Details
    • Value Estimation
      $190,000
      1,736 SF

      2525 Nc Hwy 705

      CONVENIENCE STORE • 1,736 SF
      2525 Nc Hwy 705, Seagrove, NC 27341-8303
      View Details
    • Value Estimation
      $825,000
      3,300 SF

      408 Broad St

      CONVENIENCE STORE • 3,300 SF
      408 Broad St, Seagrove, NC 27341-8582
      View Details
    • Value Estimation
      $225,000
      4,608 SF

      213 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,608 SF
      213 Main St, Seagrove, NC 27341-8247
      View Details
    • Value Estimation by Request
      4,239 SF

      121 Main St

      FINANCIAL BUILDING • 4,239 SF
      121 Main St, Seagrove, NC 27341-8634
      View Details
    • Value Estimation
      $295,000
      5,760 SF

      127 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,760 SF
      127 Main St, Seagrove, NC 27341-8246
      View Details

    Similar Nearby for Sale

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      Expansive Land in Seagrove, NC

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    • $50,000
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      Residential Lot in Seagrove

      Building lot with existing well and septic in Seagrove.
      354 Yow Dr, Seagrove, NC 27341
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    • $199,900
      19.60 Acres

      Seagrove Land with Development Potential

      19.6 acres of land suitable for farming or homesite.
      19.6 Acres Willie Rd, Seagrove, NC 27341
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    • $300,000

      Agricultural Land with Well Irrigation

      Land with well irrigation, suitable for agricultural use.
      000 Atkinson Farm Rd, Seagrove, NC 27341
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    • $178,500

      Land Parcel with Mature Trees

      Land with favorable soils, mature trees, and stream.
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    • $300,000

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      Land with rolling hills, creek, and agricultural wells.
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    7816 Erect Rd
    Seagrove, NC 27341-8185
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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