266 ProgressFuquay Varina, NC 27526

  • Commercial real estate
  • 4,900 SF
Off market
$13,926,040 Estimated

Property Details for 266 Progress

Year built
2008
Lot size
1.39 AC
Property size (Sq ft)
4,900 SF
Zone code
RA-20M
Property type
Commercial real estate
APN
050635 0153 09
APU
50635015309

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,437,230
    6.5%
    $1,326,680
    7%
    $1,231,910
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,119,700
    Geo Method
    $1,124,750
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,571,750
    Retail / Commercial
    $1,326,640
    Mixed-Use / Specialty
    $1,328,110
    Hospitality / Lodging
    $982,462
    Office
    $1,326,680
    Institutional / Educational
    $1,382,920
    Residential Income
    $1,618,010
    Multifamily
    $1,906,200
    Automotive / Energy
    $1,185,360
    Parking / Income-Based Land
    $402,929
    Restaurant / Food Service
    $703,988
    Healthcare / Senior Housing
    $1,355,600

Location Insight

City
Fuquay Varina
County
Harnett
State
North Carolina
Latitude
35.5658
Longitude
-78.866
CBSA code
22180
CBSA name
FAYETTEVILLE, 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
$3,016
-
-
$436,750
-
$120,600
$316,150
$436,750

FAQs

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