Property profile

8431 Norcross Rd Colfax, NC 27235

OFF-MARKET
Industrial properties
Property ID
US53-2166753
6,576 SF 2.56 ac lot Built 1999
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1999
Construction FRAME
Total area 6,576 SF
Lot 2.56 ac (111,514 SF)
Zoning code LI
APN 170745
UPID US53-2166753

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
  • Building Supply Industrial Manufacturer
  • (Bike/Boat/Book/etc) Store Rental Equipment Company

Location

8431 Norcross Rd Colfax, NC 27235-9754
Colfax metro Census 16203 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$465k
Comparable Approach Comparable
$616k
Blend (final) Blend
$340k

Owner & transaction history

Zoning & alternative use

LI · Colfax, NC
Top alternative use upside
Commercial (general) $990,000 +65.4%

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 8431 Norcross Rd?
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