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Property profile & analytics
OFF-MARKET
Office buildings
102 Main St, China Grove, NC 28023-2448
Trust Owned
8-yr Hold
Free & Clear
Property ID
US53-5738396
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1924
Total area
4,800 SF
Lot
0.16 ac (6,926 SF)
Zoning code
B2
APN
102 209
UPID
US53-5738396
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
-
The Candy Shoppe on Main Specialty Food Shop Candy Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Engelhardt,f & B 1991 Trust · 8 yrs held
Engelhardt,f & B 1991 Trust
since 2018
4 recorded transactions
Zoning & alternative use
B2 · China Grove, 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 China Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs China Grove 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,580
Tax year 2023
Assessed value
$331,504
Assessed 2023
Previous assessed
$244,641
+35.5% YoY
Effective rate
1.08%
On assessed value
Assessed land
$35,030
Assessed improvement
$296,474
Land market value
$35,030
Improvement market value
$296,474
Total market value
$331,504
Applied tax rate
106.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1924
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
4,800 SF
Lot
0.16 ac (6,926 SF)
Zoning code
B2
APN
102 209
UPID
US53-5738396
Jurisdiction
ROWAN
Zoning & alternative use
B2 · China Grove, NC
Zoning B2 · permitted uses
B2 · China Grove, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
China Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Engelhardt,f & B 1991 Trust
Trust
Free & Clear · 8 yrs held
Mailing address
1710 W AVE L4, LANCASTER, CA 93534-6951
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2018
$250,000
Engelhardt,f & B 1991 Trust
Stewart,demian L & Candace S
Warranty Deed
—
Nov 6, 2006
$204,000
Demian L Stewart
Edmund Blanton
Warranty Deed
$184,000 · Wachovia Bank NA
Nov 2, 2006
$204,000
Demian L Stewart
Blanton,edmund
Grant Deed
—
—
—
Demian L Stewart
—
Deed Of Trust
related
$215,000 · Herbert Tritt
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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