Property profile

8905 Market St Colfax, NC 27235

OFF-MARKET
Industrial properties
Property ID
US53-1906089
5,000 SF 1.91 ac lot Built 1972
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1972
Total area 5,000 SF
Lot 1.91 ac (83,200 SF)
Zoning code HI
APN 100235
UPID US53-1906089

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
  • Industrial Manufacturer Production Facility
  • Cosmetic Store

Location

8905 Market St Colfax, NC 27235-9602
Colfax metro Census 16201 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
$704k
Blend (final) Blend
$880k

Owner & transaction history

since 2020
Last sale
$625,000
1 recorded transaction
2020
$625,000

Zoning & alternative use

HI · Colfax, NC
Top alternative use upside
Retail stores $980,000 +114.9%
Commercial (general) $755,000 +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
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