412 PiedmontLexington, NC 27295

  • Turn key restaurants
  • 5,580 SF
Off market
$9,317,530 Estimated

Property Details for 412 Piedmont

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.93 AC
Property size (Sq ft)
5,580 SF
Zone code
B
Property type
Turn key restaurants
APN
11-333-0-000-0054
APU
1133300000054

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $899,922
    6.5%
    $830,697
    7%
    $771,361
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,784,880
    Geo Method
    $2,381,191
  • Alternative Use

    Use
    Valuation
    Residential
    $700,724
    Hospitality
    $641,859
    Educational
    $534,019
    Medical
    $552,385
    Retail
    $830,697

Location Insight

City
Lexington
County
Davidson
State
North Carolina
Latitude
35.835
Longitude
-80.2442
CBSA code
49180
CBSA name
WINSTON-SALEM, 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
$3,708
-
-
$283,090
-
$81,020
$202,070
$283,090

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