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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1025 Tomlin Ml Rd Statesville, NC 28625-1598
Entity Owned
11-yr Hold
Free & Clear
Property ID
US53-3439518
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,858 SF
Lot
5.56 ac (242,194 SF)
Zoning code
GB
APN
4749-93-2536.000
UPID
US53-3439518
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
-
Tomlin Mill One Stop with Karen's Kitchen Gas Station
-
76 Gas Station
-
U-Haul Neighborhood Dealer Car Rental Facility
-
ATM (Tomlin Mill One Stop) Atm
-
Bin There Dump That Waste Management Facility Hazardous Waste Disposal
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
Friendship Holding Corp · 11 yrs held
Friendship Holding Corp
since 2014
7 recorded transactions
Zoning & alternative use
GB · Statesville, 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 Statesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesville 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
$4,931
Tax year 2023
Assessed value
$835,710
Assessed 2023
Previous assessed
$751,830
+11.2% YoY
Effective rate
0.59%
On assessed value
Assessed land
$205,720
Assessed improvement
$629,990
Land market value
$205,720
Improvement market value
$629,990
Total market value
$835,710
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Total area
4,858 SF
Lot
5.56 ac (242,194 SF)
Zoning code
GB
APN
4749-93-2536.000
UPID
US53-3439518
Jurisdiction
IREDELL
Zoning & alternative use
GB · Statesville, NC
Zoning GB · permitted uses
GB · Statesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
5.56 ac
Current owner
From public records · entity-resolved
Friendship Holding Corp
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 280, CORNELIUS, NC 28031-0280
Ownership since
2014
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
Jun 12, 2025
—
Friendship Holding Corporation
—
Deed
related
$500,000 · Blueharbor Bank
Nov 13, 2014
—
Friendship Holding Corp
Friendship Holding Corp
Quit Claim Deed
related
—
Jul 24, 2014
—
Friendship Holding Corp
Friendship Holding Corp
Quit Claim Deed
related
—
Jul 1, 2008
—
Friendship Holding Corp
—
Trustees Deed
related
$775,000 · Piedmont Bk
Mar 15, 2005
$12,000
Friendship Holding Corp
Tomlin,dennis E
Warranty Deed
—
Jan 1, 1995
—
Tomlin,dennis E & Julie J
—
Warranty Deed
related
—
—
—
Friendship Holding Corp
—
Deed Of Trust
related
$46,051 · Piedmont Bk
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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