Individually Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Construction
CONCRETE BLOCKS
Total area
1,980 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CB
APN
276906-39-2572
UPID
US53-2557748
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
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
since 2022
Last sale
$70,000
3 recorded transactions
Zoning & alternative use
CB · Spring Hope, NC
Zoning description
g) CB, CENTRAL BUSINESS DISTRICT. The purpose of this district is to allow a wide range of commercial uses compatible with the town's downtown area. h) GB, GENERAL BUSINESS DISTRICT. The purpose of this district is to pr…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
1,980 SF
Lot area
0.15 ac
Year built
1948
APN
276906-39-2572
Zoning
CB
Assessed value
$26,720
Annual tax
$1,018
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$156k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.3 mi away · 1,623 SF
18.3 mi away · 1,440 SF
18.6 mi away · 1,863 SF
5
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 80 sales
$224
-65%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $79/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$70k
Move the market yield to see immediate price impact.
Value / SF
$35
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$4k
$88k
$63k
$49k
$5k
$98k
$70k
$54k
$5k
$108k
$77k
$60k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$250k
15.6 mi · Dec 2025 · $117/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,018
Tax year 2024
Assessed value
$26,720
Assessed 2024
Previous assessed
$26,720
+0.0% YoY
Effective rate
3.81%
On assessed value
Assessed land
$12,930
Assessed improvement
$13,790
Land market value
$12,930
Improvement market value
$13,790
Total market value
$26,720
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1948
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Total area
1,980 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CB
APN
276906-39-2572
UPID
US53-2557748
Jurisdiction
NASH
Zoning & alternative use
CB · Spring Hope, NCZoning CB · permitted uses
CB · Spring Hope, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
g) CB, CENTRAL BUSINESS DISTRICT. The purpose of this district is to allow a wide range of commercial uses compatible with the town's downtown area. h) GB, GENERAL BUSINESS DISTRICT. The purpose of this district is to pr…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Lot
0.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CB
COMMERCIAL
Jurisdiction
Spring Hope, NC
Recorded code
CB
Official district
CB
Official district profile
What the municipal code says about CB
Zoning description
g) CB, CENTRAL BUSINESS DISTRICT. The purpose of this district is to allow a wide range of commercial uses compatible with the town's downtown area. h) GB, GENERAL BUSINESS DISTRICT. The purpose of this district is to pr…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB in Spring Hope, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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