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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Drug stores
101 Atkins St Dobson, NC 27017-8700
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-4328740
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,280 SF
Lot
1.34 ac (58,370 SF)
Zoning code
B1
APN
4996-10-37-0455
UPID
US53-4328740
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$2.32M
Owner & transaction history
2013 Tony Ong And Amy Leung Revocab · 2 yrs held
2013 Tony Ong And Amy Leung Revocab
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
B1 · Dobson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the B-1 Central Business District is to provide an area near the center of Dobson where compatible commercial and governmental uses may be established that do not infringe on neighboring residential uses
Zone name
Central Business
General category
CIVIC_INSTITUTIONAL
Zone area
57.12 ac
Source
Realmo
Top alternative use upside
Restaurant
$1.8M
+90.8%
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 Dobson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dobson 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
$2,320,000
ML approach
$2,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,790,000
Change: +91% · Conversion: Easy
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10% · vs last sale $2.32M (Jun 27 2024)
Last sale anchor
$2.32M
Jun 27 2024
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
$226 / 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
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$22,673
Tax year 2024
Assessed value
$2,308,820
Assessed 2024
Previous assessed
$2,308,820
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$700,440
Assessed improvement
$1,608,380
Land market value
$700,440
Improvement market value
$1,608,380
Total market value
$2,308,820
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Total area
10,280 SF
Lot
1.34 ac (58,370 SF)
Zoning code
B1
APN
4996-10-37-0455
UPID
US53-4328740
Jurisdiction
SURRY
Zoning & alternative use
B1 · Dobson, NCZoning B1 · permitted uses
B1 · Dobson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the B-1 Central Business District is to provide an area near the center of Dobson where compatible commercial and governmental uses may be established that do not infringe on neighboring residential uses
Zone name
Central Business
General category
CIVIC_INSTITUTIONAL
Zone area
57.12 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.8M
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
2013 Tony Ong And Amy Leung Revocab
Individual
Mailing address
3708 PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
—
2013 Tony Ong And Amy Leung Revocab
Anne Sikora
Special Warranty Deed
$1,319,394 · Us Bank National Association
May 31, 2023
—
Anne Sikora
Sikoratrust
Warranty Deed
—
Jun 30, 2022
—
Sikora Lt
Sikora Ft
Warranty Deed
—
May 18, 2022
—
Sikora Ft
Yela Fiduciary Svcs LLC
Warranty Deed
—
Dec 10, 2020
—
Sikora Ft
600 Pioneer LLC
Warranty Deed
—
Jul 3, 2014
$3,231,000
600 Pioneer LLC
Robbins Dobson LLC
Warranty Deed
—
Aug 10, 2006
$26,495
Richard Robbins
Nla Kd Dobson LLC
Warranty Deed
—
Aug 10, 2006
—
Robbins Dobson LLC
Richards Robbins
Intrafamily Transfer
related
—
Jul 11, 2005
$2,195,000
Nla Kd Dobson LLC
Ross Civello I LLC
Special Warranty Deed
—
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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