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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Commercial real estate
321 Plz Rd Laurinburg, NC 28352-6021
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-2491581
Property summary
AI-generated overview
This exceptional 5-acre commercial land parcel in Laurinburg, North Carolina, presents a remarkable investment opportunity. Located at 321 Plaza Road, the property boasts highly flexible General Business (GB) zoning, allowing for a diverse range of uses including childcare centers, manufacturing facilities, offices, retail spaces, medical practices, automotive businesses, hotels, and outdoor storage. The site benefits from significant frontage on I-74, placing it strategically between two major commercial corridors with convenient interchanges. High traffic counts are a key advantage, with approximately 20,500 vehicles daily on I-74, 15,000 on McColl Road/US Hwy 15, and 14,500 on S Main St/US Hwy 401. An existing 11,900 square foot building is situated on the property. The property's APN is 01001703010. This prime location and versatile zoning make it ideal for a variety of commercial ventures. Asking price is $900,000.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Construction
TYPE NOT SPECIFIED
Total area
11,910 SF
Lot
5 ac (217,800 SF)
Zoning code
GB
APN
010017 03010
UPID
US53-2491581
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Family Fitness Center Gym & Fitness Center
-
Stoney Creek Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Kandj LLC
Kandj LLC
since 2026
Last sale
$600,000
2 recorded transactions
Zoning & alternative use
GB · Laurinburg, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Laurinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurinburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$605,000
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $600k (May 9 2022)
Last sale anchor
$600k
May 9 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$53 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$669,980
Assessed 2024
Previous assessed
$669,980
+0.0% YoY
Assessed land
$406,250
Assessed improvement
$263,730
Total market value
$669,980
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1990
Construction
TYPE NOT SPECIFIED
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
11,910 SF
Lot
5 ac (217,800 SF)
Zoning code
GB
APN
010017 03010
UPID
US53-2491581
Jurisdiction
SCOTLAND
Zoning & alternative use
GB · Laurinburg, NC
Zoning GB · permitted uses
GB · Laurinburg, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laurinburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
TYPE NOT SPECIFIED
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
5 ac
Current owner
From public records · entity-resolved
Kandj LLC
Entity
Mailing address
10961 HOWELL CIR, LAURINBURG, NC 28352-9421
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2026
$700,000
Kandj LLC
James L Sutherland IV
Special Warranty Deed
—
May 9, 2022
$600,000
Christopher Mark Ward
Fitcare INC
Warranty Deed
$595,000 · Fitcore INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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