125 PearlWingate, NC 28174

  • High-rise multifamily apartments
  • 7,280 SF
Off market
$24,486,030 Estimated

Property Details for 125 Pearl

Year built
1977
Construction
WOOD
Lot size
2.44 AC
Property size (Sq ft)
7,280 SF
Zone code
R-6 WINGATE
Property type
High-rise multifamily apartments
APN
09-019-089
APU
9019089

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,835,840
    6.5%
    $2,617,700
    7%
    $2,430,720
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,442,370
    Geo Method
    $1,442,370
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,120,090
    Retail / Commercial
    $2,135,580
    Mixed-Use / Specialty
    $2,145,950
    Hospitality / Lodging
    $1,597,820
    Office
    $2,151,930
    Institutional / Educational
    $2,237,350
    Multifamily
    $3,039,840
    Automotive / Energy
    $1,917,730
    Parking / Income-Based Land
    $644,019
    Restaurant / Food Service
    $1,154,500
    Healthcare / Senior Housing
    $2,182,190

Location Insight

City
Wingate
County
Union
State
North Carolina
Latitude
34.9903
Longitude
-80.4498
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC 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
-
$34,000
$968,400
$1,002,400
-
$34,000
$968,400
$1,002,400

FAQs

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