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Property profile & analytics
OFF-MARKET
Estimated value
$1,720,000
Retail space
102 Us Hwy 15th N Ln Stovall, NC 27582
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3348949
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Total area
10,465 SF
Lot
1 ac (43,560 SF)
Zoning code
AR 40
APN
192819623318
UPID
US53-3348949
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
$1.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.72M
Owner & transaction history
Clarence Millard Kirk JR · 3 yrs held
Clarence Millard Kirk JR
since 2023
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
AR 40 · Stovall, 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 Stovall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stovall 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
$1,930,000
ML approach
$1,785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.72M
Range $1.55M – $1.89M · ±10% · vs last sale $1.76M (May 1 2023)
Last sale anchor
$1.76M
May 1 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
$164 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$916
Tax year 2020
Assessed value
$1,432,195
Assessed 2024
Previous assessed
$67,343
+2,026.7% YoY
Effective rate
0.06%
On assessed value
Assessed land
$266,700
Assessed improvement
$1,165,495
Land market value
$266,700
Improvement market value
$1,165,495
Total market value
$1,432,195
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2021
Heating
YES
Cooling
YES
Stories
1
Rooms
6
Bathrooms
2
Total area
10,465 SF
Lot
1 ac (43,560 SF)
Zoning code
AR 40
APN
192819623318
UPID
US53-3348949
Jurisdiction
GRANVILLE
Zoning & alternative use
AR 40 · Stovall, NC
Zoning AR 40 · permitted uses
AR 40 · Stovall, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stovall. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
1 ac
Current owner
From public records · entity-resolved
Clarence Millard Kirk JR
Individual
Free & Clear · 3 yrs held
Mailing address
7721 6TH FRKS RD, RALEIGH, NC 27615-5280
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2023
$1,755,500
Clarence Millard Kirk JR
Bel Investments Stovall Nc LLC
Special Warranty Deed
—
Sep 19, 2022
$177,500
Bel Investments Stovall Nc LLC
Frazier & Frazier
Warranty Deed
—
Jan 27, 2022
$225,000
Bel Investments Stovall Nc LLC
William R Frazier
Warranty Deed
$1,560,000 · Bankplus
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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