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Property profile & analytics
OFF-MARKET
Estimated value
$290,000
Turn key restaurants
101 Main St Davidson, NC 28036
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-5694253
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1928
Total area
2,580 SF
Lot
0.1 ac (4,572 SF)
Zoning code
VCP
APN
325701
UPID
US53-5694253
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
-
Davidson Historical Society Historical Society
-
Famous Toastery Restaurant
-
Toast Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$290k
Owner & transaction history
Knox Knoll LLC · 2 yrs held
Knox Knoll LLC
since 2023
7 recorded transactions
Zoning & alternative use
VCP · Davidson, 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 Davidson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davidson 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
by Request
ML approach
$275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$290k
Range $261k – $319k · ±10%
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
$112 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,622
Tax year 2023
Assessed value
$1,166,600
Assessed 2024
Previous assessed
$1,166,600
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$731,700
Assessed improvement
$434,900
Land market value
$731,700
Improvement market value
$434,900
Total market value
$1,166,600
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1928
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
1
Total area
2,580 SF
Lot
0.1 ac (4,572 SF)
Zoning code
VCP
APN
325701
UPID
US53-5694253
Jurisdiction
MECKLENBURG
Zoning & alternative use
VCP · Davidson, NCZoning VCP · permitted uses
VCP · Davidson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1928
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Knox Knoll LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5571 YORKE ST NW, CONCORD, NC 28027-5333
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
—
Knox Knoll LLC
Michael Gregory Knox
Intrafamily Transfer
related
—
Feb 1, 2019
—
Smiling Food LLC
—
Deed
related
$351,431 · First Nat'l Bk/pa
Jan 4, 2019
—
Smiling Food LLC
—
Deed
related
$427,500 · First Nat'l Bk/pa
Jan 5, 2011
$450,000
Knox Sullivan Real Estate LLC
Knox Realty INC
Warranty Deed
related
$382,500 · Bank Of North Carolina
Jul 25, 2003
$275,000
Knox,tr
Knox,russell B Est
Grant Deed
related
—
—
—
Smiling Food LLC
—
Loan Modification
related
$427,500 · First Nat'l Bk/pa
—
—
Smiling Food LLC
—
Loan Modification
related
$351,431 · First Nat'l Bk/pa
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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