1346 NorwoodLenoir, NC 28645

  • Grocery and convenience stores
  • 23,363 SF
Off market
$27,451,512 Estimated

Property Details for 1346 Norwood

Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.74 AC
Property size (Sq ft)
23,363 SF
Property type
Grocery and convenience stores
APN
06 62 1 4
APU
66214

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,024,608
    6.5%
    $7,407,330
    7%
    $6,878,235
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,969,852
    Geo Method
    $9,969,852
  • Alternative Use

    Use
    Valuation
    Residential
    $6,248,360
    Hospitality
    $5,723,464
    Educational
    $4,761,855
    Medical
    $4,925,622
    Retail
    $7,407,330

Location Insight

City
Lenoir
County
Caldwell
State
North Carolina
Latitude
35.8896
Longitude
-81.5255
CBSA code
25860
CBSA name
HICKORY-LENOIR-MORGANTON, 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
0
-
$83,500
$475,400
$558,900
-
$83,500
$475,400
$558,900

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