908 DrexelValdese, NC 28690

  • Retail space
  • 1,742 SF
Off market
$8,315,650 Estimated

Property Details for 908 Drexel

Year built
2009
Lot size
0.83 AC
Property size (Sq ft)
1,742 SF
Zone code
INDUSTRIAL DIST
Property type
Retail space
APN
3484
APU
3484

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $598,334
    6.5%
    $552,308
    7%
    $512,857
  • Comparable approach

    Method
    Valuation
    Relative Method
    $743,376
    Geo Method
    $743,376
  • Alternative Use

    Use
    Valuation
    Residential
    $465,892
    Hospitality
    $426,755
    Educational
    $355,055
    Medical
    $367,266
    Retail
    $552,308

Location Insight

City
Valdese
County
Burke
State
North Carolina
Latitude
35.7269
Longitude
-81.6193
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
2024
$1,964
$20,750
$250,193
$270,943
-
$20,750
$250,193
$270,943

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