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    Property profile & analytics

    985 Nc Hwy 42nd S Asheboro, NC 27205-7929

    • Assisted living facilities
    • 4,660 SF
    • 3.83 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Sep 01, 2023
    Location Intelligence
    Property ID
    US53-4666515
    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

    • Assisted living facilities

    Property Details for 985 Nc Hwy 42nd S

    Year built
    1957
    Lot size
    3.83 lot acres
    Property size
    4,660 SF
    Zone code
    OI
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    7770078023
    APU
    7770078023

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.7718
    Latitude
    35.6902
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, 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
    2023
    $1,281
    $69,400
    $97,930
    $167,330
    -
    $69,400
    $97,930
    $167,330

    Comparable in this City

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      28,522 SF

      2925 Zoo Pkwy

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    • Value Estimation by Request
      7,042 SF

      466 Nc Hwy 49th S

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      187 Browers Chapel Rd

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      7,808 SF

      300 Mack Rd

      MEDICAL BUILDING • 7,808 SF
      300 Mack Rd, Asheboro, NC 27205-1066
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    • Value Estimation by Request
      0.34 Acres

      1198 Thoroughbred Rd

      MOBILE HOME PARK, TRAILER PARK • 0.34 Acres
      1198 Thoroughbred Rd, Asheboro, NC 27205-9120
      View Details
    • Value Estimation by Request
      2,752 SF

      1379 Un Church Rd

      CHARITABLE ORGANIZATION • 2,752 SF
      1379 Un Church Rd, Asheboro, NC 27205-1961
      View Details

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    985 Nc Hwy 42nd S
    Asheboro, NC 27205-7929
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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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