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Property profile & analytics
OFF-MARKET Estimated value $1,110,000
Strip malls

Laurinburg, NC 28352

2,844 SF 7.78 ac lot Built 1989
Entity Owned 2-yr Hold Free & Clear
Property ID
US53-3052755
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Construction STEEL FRAME
Total area 2,844 SF
Lot 7.78 ac (338,897 SF)
Zoning code GB
APN 010020A01008
UPID US53-3052755
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.11M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.11M
Owner & transaction history
Burke S Outlet Stores LLC · 2 yrs held
Burke S Outlet Stores LLC
since 2024
6 recorded transactions
2024
Price N/A
2021
$7.8M
2019
Price N/A
2015
$4.5M
2010
$5.8M
2005
$8.9M
Zoning & alternative use
GB · Laurinburg, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

6.3.8 GB General Business District. The GB district is established as a district in whi ch to accommodate highway-oriented retail and commercial service businesses which generally have as their market area the entire city and surrounding area. The major objectives of this district are to (1) encourage planned commercial and office parks; (2) discourage small…

Zone name General Business District
General category COMMERCIAL
Zone area 1,260.70 ac
Source Amended UDO thru October 2022
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