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    Property profile & analytics

    8957 Pace Rd Bailey, NC 27807-8665

    • Warehouses
    • 27,478 SF
    • 7.40 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 17, 2025
    $325,000
    Location Intelligence
    Property ID
    US53-2872368
    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

    • Custom Fiberglass Products / Boat Repair Shop
    • Chawk Boats / Boat Dealer

    Property Details for 8957 Pace Rd

    Year built
    1972
    Lot size
    7.40 lot acres
    Property size
    27,478 SF
    Zone code
    R40
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    276400-79-0441
    APU
    276400790441

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bailey
    County
    Nash
    State
    North Carolina
    Longitude
    -78.0983
    Latitude
    35.8056
    CBSA code
    40580
    CBSA name
    ROCKY MOUNT, 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
    2024
    $3,545
    $43,920
    $294,210
    $338,130
    -
    $43,920
    $294,210
    $338,130

    Comparable in this City

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      Nash High Rd

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      6592 Schooners Rd

      MINI-WAREHOUSE, STORAGE • 24,883 SF
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      6378 Vance St

      MINI-WAREHOUSE, STORAGE • 9,720 SF
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      10,045 SF

      9702 Glover Rd

      MINI-WAREHOUSE, STORAGE • 10,045 SF
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    • Value Estimation by Request
      1,742 SF

      6487 Deans St

      MINI-WAREHOUSE, STORAGE • 1,742 SF
      6487 Deans St, Bailey, NC 27807
      View Details

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    Bailey, NC 27807-8665
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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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