Property profile

920 1st St Cherryville, NC 28021

OFF-MARKET
Industrial properties
Property ID
US53-0995211
10,372 SF 10.11 ac lot Built 1920
Entity Owned 13-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1920
Total area 10,372 SF
Lot 10.11 ac (440,392 SF)
Zoning code INDS1
APN 129520
UPID US53-0995211

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

Location

920 1st St Cherryville, NC 28021-2935
Cherryville metro Census 30601 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$574k
Blend (final) Blend
$605k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
2012
$315,000

Zoning & alternative use

INDS1 · Cherryville, NC
Top alternative use upside
Restaurant $915,000 +153.2%
Auto repair, garage $845,000 +133.8%
Retail stores $700,000 +93.0%

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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