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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Turn key restaurants
101 Main St Mocksville, NC 27028-2422
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5673660
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,000 SF
Lot
0.22 ac (9,583 SF)
Zoning code
TC
APN
I4130G0004
UPID
US53-5673660
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
$1.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.41M
Owner & transaction history
Lincrest Place LLC · 3 yrs held
Lincrest Place LLC
since 2022
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
TC · Mocksville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+69.4%
Retail stores
$1.4M
+35.6%
Commercial (general)
$1.3M
+25.7%
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 Mocksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mocksville 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
$1,280,000
ML approach
$1,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,015,000
Current use
OFFICE BUILDING
$1,715,000
Change: +69% · Conversion: Moderate
RETAIL STORES
$1,375,000
Change: +36% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,275,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,105,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$860,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10% · vs last sale $1.50M (Jul 22 2022)
Last sale anchor
$1.50M
Jul 22 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
$118 / 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
$4,485
Tax year 2024
Assessed value
$421,940
Assessed 2024
Previous assessed
$421,940
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$76,660
Assessed improvement
$345,280
Land market value
$76,660
Improvement market value
$345,280
Total market value
$421,940
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
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
12,000 SF
Lot
0.22 ac (9,583 SF)
Zoning code
TC
APN
I4130G0004
UPID
US53-5673660
Jurisdiction
DAVIE
Zoning & alternative use
TC · Mocksville, NC
Zoning TC · permitted uses
TC · Mocksville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mocksville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$860,000
RESTAURANT Current
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Lincrest Place LLC
Entity
Mailing address
4622 COUNTRY CLB RD STE #160, WINSTON SALEM, NC 27104-3770
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2022
$1,500,000
Lincrest Place LLC
Mary Susan Parker
Special Warranty Deed
$1,050,000 · Peoples Bank
Mar 6, 2009
$425,000
Mary S Parker
Jamis,mary
Warranty Deed
$249,999 · Branch Banking & Trust Co
Dec 16, 2005
$425,000
Mary Jamis
Parker,mary S
Warranty Deed
$248,000 · Branch Banking & Trust Co
Jun 16, 2004
—
Mary S Parker
Childress,lisa M
Quit Claim Deed
related
—
—
—
Mary S Parker
—
Deed Of Trust
related
$248,000 · Branch Banking & Trust Co
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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