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Property profile

105 NE Railroad St Whitakers, NC 27891

FOR SALE
Other commercial real estate
Property ID
US53-1605650
3,580 SF Built 1915
Last sale Oct 2011 · $200,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a former grocery store site that previously operated as Whitakers Food Center. It includes three buildings: the main retail-grocery building and two additional structures on opposite sides of the site, one historically used as a laundromat and the other historically used as a post office. The property is situated in an area that has experienced growth and is suitable for redevelopment or adaptive reuse based on its existing building footprint and prior commercial use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$210k
$189k – $231k
NOI build-up
Gross scheduled income$130k
Vacancy & credit loss−$8k
Operating expenses−$30k
NOI · 40.56% cap applied$91k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
County average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$46 – $160
Qualifying comparables9

Cap rate analysis

How does the asset earn?
40.56%
$91k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionEDGECOMBE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store8.5
Convenience Store8.3
Dry Cleaner8.2

Location

105 NE Railroad St Whitakers, NC 27891
County assessor · not on file Recorded deeds · 1 transfer 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
111 Railroad, Whitakers, NC 27891 $60,000 Dec 2025 2,616 SF
107 Main, Whitakers, NC 27891 $20,000 Dec 2021 1,273 SF
105 Main, Whitakers, NC 27891 $20,000 Dec 2021 1,491 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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