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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Banks
106 Lafayette St Shelby, NC 28150-2301
Entity Owned
Free & Clear
Property ID
US53-2864706
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1928
Total area
35,866 SF
Lot
0.63 ac (27,443 SF)
Zoning code
CB
APN
17090
UPID
US53-2864706
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
-
Bank OZK Bank Loan Service
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.07M
Owner & transaction history
Sog Dfi LLC
Sog Dfi LLC
since 2026
6 recorded transactions
Zoning & alternative use
CB · Shelby, 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 Shelby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelby 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
by Request
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10%
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
$30 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$43,933
Tax year 2024
Assessed value
$3,019,446
Assessed 2023
Previous assessed
$3,019,446
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$134,064
Assessed improvement
$2,885,382
Land market value
$134,064
Improvement market value
$2,885,382
Total market value
$3,019,446
Applied tax rate
25.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1928
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
2
Total area
35,866 SF
Lot
0.63 ac (27,443 SF)
Zoning code
CB
APN
17090
UPID
US53-2864706
Jurisdiction
CLEVELAND
Zoning & alternative use
CB · Shelby, NC
Zoning CB · permitted uses
CB · Shelby, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shelby. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.63 ac
Current owner
From public records · entity-resolved
Sog Dfi LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 8811, LITTLE ROCK, AR 72231-8811
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2026
—
Sog Dfi LLC
City Of Shelby
Deed
—
Jul 31, 2013
$2,000,000
Bank Of The Ozarks
Shelby Loan And Mtg Corp
Grant Deed
—
Jul 31, 2013
$25,000
Bank Of The Ozarks
Shelby Loan & Mortgage Corp
Grant Deed
related
—
Jul 31, 2013
—
Bank Of The Ozarks
Shelby Loan And Mtg Corp
Grant Deed
related
—
—
—
Douglas D Draper
—
Loan Modification
related
$20,886 · First National Bank
—
—
Karen M Standley
—
Loan Modification
related
$22,160 · First National Bank
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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