Property profile

801 Martin Luther King Jr Dr Asheboro, NC 27203

OFF-MARKET
Retail space
Property ID
US53-4948028
2,223 SF 0.38 ac lot Built 1976
Individually Owned Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Total area 2,223 SF
Lot 0.38 ac (16,553 SF)
Zoning code B2 (CZ)
APN 7761233897
UPID US53-4948028

Cap rate & NOI

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

Location

801 Martin Luther King Jr Dr Asheboro, NC 27203-4990
Asheboro metro Census 30302 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2026
3 recorded transactions
2026
Price N/A
2023
$110,000
2016
$37,000

Zoning & alternative use

B2 (CZ) · Asheboro, NC
Zoning description

The B2 General Commercial District is intended to serve the convenience goods, shoppers goods retail and service needs of the motoring public, both local and transient, This district should always be located with access…

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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