Financial
Distress signals
Property profile

189 Palmer St Franklin, NC 28734

OFF-MARKET
Office buildings
Property ID
US53-1364522
5,320 SF 0.49 ac lot Built 2004
Last sale Feb 2026 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A single-story 5,320 sq. ft. building located in downtown Franklin, North Carolina, on a 0.49-acre corner lot with visibility along a main approach into town. The modular interior layout supports flexible use scenarios such as office, retail, showroom, or light service, and includes a front lobby, two reception areas, seven private offices, a large conference room, two kitchen areas, two restrooms, a utility room, storage space, and cubicle workstations. Outdoor space includes approximately…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$893k
Assessed land$383k
Assessed improvement$510k
Effective rate0.34%

Value estimate

· Sep 2026
$300k
$270k – $330k
Submarket $/SF estimate$650k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$217/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$105 – $376

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
FC1
JurisdictionMACON

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.8
Carpet & Flooring Store8.6
Dry Cleaner8.6

Location

189 Palmer St Franklin, NC 28734-3040
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
120 Phillips, Franklin, NC 28734-3087 $415,000 Dec 2024 3,350 SF
244 Palmer, Franklin, NC 28734-3084 $285,000 Sep 2024 3,668 SF
77 Main, Franklin, NC 28734-3005 $220,000 Apr 2024 3,672 SF
74 Macon Ctr, Franklin, NC 28734 $600,000 Jun 2023 4,000 SF
244 Porter, Franklin, NC 28734-3010 $310,000 May 2023 2,928 SF
177 Sloan, Franklin, NC 28734-7391 $2,035,000 Mar 2022 6,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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