Property profile

8500 Norcross Rd Colfax, NC 27235

OFF-MARKET
Industrial properties
Property ID
US53-1020203
23,808 SF 3.73 ac lot Built 1978
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1978
Construction FRAME
Total area 23,808 SF
Lot 3.73 ac (162,479 SF)
Zoning code LI
APN 170709
UPID US53-1020203

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
  • (Bike/Boat/Book/etc) Store

Location

8500 Norcross Rd Colfax, NC 27235-8703
Colfax metro Census 16203 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$645k

Owner & transaction history

since 2012
7 recorded transactions
2020
Price N/A
2016
Price N/A
2012
Price N/A
2001
$750,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LI · Colfax, NC

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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