1033 Randolph StThomasville, NC 27360

  • Super regional malls
  • 124,326 SF
For Lease
$10/SF/YR View listing

Property Details for 1033 Randolph St

Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
13.45 AC
Property size (Sq ft)
124,326 SF
Zone code
C3
Property type
Super regional malls
APN
16-189-0-000-0005
APU
1618900000005

Description

Southgate Plaza in Thomasville, North Carolina, offers exceptional retail space for lease. Located at 1033 Randolph St, zip code 27360, this property presents a fantastic opportunity for businesses seeking a presence in Davidson County. Currently, there is 20,000 square feet of vacant space available, offering flexible lease options ranging from 871 square feet to 4,100 square feet. The property is classified as multi-tenant retail space, providing a vibrant and potentially synergistic environment for various businesses. The exact total building square footage is not currently available. This prime location in Thomasville offers excellent visibility and accessibility, making it an ideal spot for a variety of retail ventures. The property's address is easily accessible and situated within a well-established commercial area. Interested parties are encouraged to inquire about available space and lease terms to explore this exciting opportunity to establish or expand their business in this thriving community. The property is situated in Davidson County, North Carolina, offering access to a strong local market. Contact us today to learn more about leasing options and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,050,832
    6.5%
    $18,508,460
    7%
    $17,186,428
  • Comparable approach

    Method
    Valuation
    Relative Method
    $39,768,288
    Geo Method
    $53,054,480
  • Alternative Use

    Use
    Valuation
    Residential
    $15,612,579
    Hospitality
    $14,301,038
    Educational
    $11,898,296
    Medical
    $12,307,497
    Retail
    $18,508,460
1033 Randolph St, Thomasville, North Carolina

Location Insight

City
Thomasville
County
Davidson
State
North Carolina
Latitude
35.8644
Longitude
-80.0706
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
$93,396
-
-
$6,892,690
-
$2,521,880
$4,370,810
$6,892,690

FAQs

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