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Property profile & analytics
OFF-MARKET
Retail space
107 Clay St Mebane, NC 27302-2436
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1059111
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1905
Total area
3,144 SF
Lot
0.05 ac (2,091 SF)
Zoning code
B 2
APN
168047
UPID
US53-1059111
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
-
Dollar General Discount Store
-
Rene Authentic Puerto Rican Cuisine food truck Restaurant
-
Western Union Bank Credit Union
-
Impulsive Creativity Home Decor Store
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
Berry Patch Properties LLC · 2 yrs held
Berry Patch Properties LLC
since 2023
4 recorded transactions
Zoning & alternative use
B 2 · Mebane, 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 Mebane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mebane 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
$1,220
Tax year 2023
Assessed value
$152,069
Assessed 2023
Previous assessed
$78,895
+92.7% YoY
Effective rate
0.80%
On assessed value
Assessed land
$17,982
Assessed improvement
$134,087
Land market value
$17,982
Improvement market value
$134,087
Total market value
$152,069
Applied tax rate
14.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1905
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
2
Bathrooms
0
Total area
3,144 SF
Lot
0.05 ac (2,091 SF)
Zoning code
B 2
APN
168047
UPID
US53-1059111
Jurisdiction
ALAMANCE
Zoning & alternative use
B 2 · Mebane, NC
Zoning B 2 · permitted uses
B 2 · Mebane, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mebane. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1905
Heating
YES
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
0
Lot
0.05 ac
Current owner
From public records · entity-resolved
Berry Patch Properties LLC
Entity
Mailing address
PO BOX 12, MEBANE, NC 27302-0012
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2023
$280,000
Berry Patch Properties LLC
Gerald G Smith
Special Warranty Deed
$224,000 · The Fidelity Bank
Jan 14, 2019
—
Whc Mebane LLC
Carter Worth H JR Trust
Grant Deed
—
Apr 13, 2017
—
Carter,worth H JR Trust
Carter,worth H JR
Quitclaim Deed
—
Feb 22, 2017
—
Gerald D Smith
Smith,gerald G & Joan M
Quit Claim Deed
—
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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