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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Grocery and convenience stores
102 Parker St Elm City, NC 27822
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-4603315
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1978
Total area
2,160 SF
Lot
0.39 ac (16,858 SF)
APN
3735-60-8392.000
UPID
US53-4603315
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
-
ATM Atm
-
Short Stop Food Mart Grocery & Convenience Store
-
LibertyX Bitcoin ATM Atm
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
$415k
Comparable Approach
Comparable
$546k
Blend (final)
Blend
$525k
Owner & transaction history
Prime Realty 1 LLC · 2 yrs held
Prime Realty 1 LLC
since 2023
Last sale
$650,000
2 recorded transactions
Zoning & alternative use
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 Elm City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elm City 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
$400,000
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
$445,000
6.5%
$415,000
7%
$385,000
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $650k (Oct 10 2023)
Last sale anchor
$650k
Oct 10 2023
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
$243 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,417
Tax year 2021
Assessed value
$199,924
Assessed 2024
Previous assessed
$99,104
+101.7% YoY
Effective rate
0.71%
On assessed value
Assessed land
$40,550
Assessed improvement
$159,374
Land market value
$40,550
Improvement market value
$159,374
Total market value
$199,924
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1978
Heating
HEAT PUMP
Stories
1
Total area
2,160 SF
Lot
0.39 ac (16,858 SF)
APN
3735-60-8392.000
UPID
US53-4603315
Jurisdiction
WILSON
Zoning & alternative use
Zoning · permitted uses
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
1978
Heating
HEAT PUMP
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Prime Realty 1 LLC
Entity
Mailing address
PO BOX 87428, FAYETTEVILLE, NC 28304-7428
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2023
$650,000
Prime Realty 1 LLC
Pmg Carolinas LLC
Special Warranty Deed
$1,450,000 · Pmg Carolinas LLC
Apr 13, 2023
$400,000
Pmg Carolinas LLC
Lil Thrift Food Marts INC
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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