Property lookup

    502 CarthageSanford, NC 27330

    • Retail space
    • 2,546 SF
    Off market
    $3,151,000 Estimated
    +−
    Leaflet | © OpenStreetMap contributors

    Property Details for 502 Carthage

    Year built
    1955
    Lot size
    0.31 AC
    Property size (Sq ft)
    2,546 SF
    Property type
    Retail space
    APN
    9642-59-3280-00
    APU
    964259328000

    Valuation
    by Realmo methods

    Valuation date:
    Dec 11, 2024

    • CAP approach

      CAP return
      Valuation
      6%
      $746,756
      6.5%
      $689,313
      7%
      $640,077

    • Comparable approach

      Method
      Valuation
      Relative Method
      $605,059
      Geo Method
      $607,785

    • Alternative Use

      Use
      Valuation
      Industrial / Distribution
      $1,336,260
      Mixed-Use / Specialty
      $690,076
      Hospitality / Lodging
      $510,479
      Office
      $689,331
      Institutional / Educational
      $718,552
      Residential Income
      $840,706
      Multifamily
      $990,445
      Automotive / Energy
      $615,902
      Parking / Income-Based Land
      $209,359
      Restaurant / Food Service
      $365,786
      Healthcare / Senior Housing
      $704,358

    Location Insight

    City
    Sanford
    County
    Lee
    State
    North Carolina
    Latitude
    35.4787
    Longitude
    -79.1834
    CBSA code
    41820
    CBSA name
    SANFORD, NC MICROPOLITAN 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
    $2,131
    $82,200
    $97,600
    $179,800
    -
    $82,200
    $97,600
    $179,800

    Comparable in this City

    Similar Nearby for Sale

    Similar Nearby for Lease

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    Useful Information

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    Carthage
    Sanford, NC 27330

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    Carthage
    Sanford, NC 27330

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    Disclaimer

    The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

    We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

    By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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