331 TempleLexington, NC 27292

  • Garden apartment buildings
  • 8,720 SF
Off market
$8,315,650 Estimated

Property Details for 331 Temple

Year built
1985
Construction
FRAME
Lot size
0.83 AC
Property size (Sq ft)
8,720 SF
Zone code
TN
Property type
Garden apartment buildings
APN
11-025-0-00B-0016
APU
11025000B0016

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,364,300
    6.5%
    $1,259,350
    7%
    $1,169,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,295,020
    Geo Method
    $1,727,670
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,233,290
    Retail / Commercial
    $1,093,760
    Mixed-Use / Specialty
    $1,049,310
    Hospitality / Lodging
    $717,051
    Office
    $1,000,840
    Institutional / Educational
    $1,076,370
    Multifamily
    $1,735,200
    Automotive / Energy
    $922,601
    Parking / Income-Based Land
    $358,442
    Restaurant / Food Service
    $459,212
    Healthcare / Senior Housing
    $1,117,630

Location Insight

City
Lexington
County
Davidson
State
North Carolina
Latitude
35.8342
Longitude
-80.2522
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
$3,785
-
-
$288,960
-
$23,800
$265,160
$288,960

FAQs

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