New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,440,000
Retail space
107 Northfork Dr, Reidsville, NC 27320-8142
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1848267
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
FRAME
Total area
2,440 SF
Lot
44.36 ac (1,932,322 SF)
Zoning code
RES MIXED COUNTY
APN
8921-00-17-5991-00
UPID
US53-1848267
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.44M
Owner & transaction history
Plesant Ridge Mhp Reidsville Nc LLC · 4 yrs held
Plesant Ridge Mhp Reidsville Nc LLC
since 2022
Last sale
$6.8M
7 recorded transactions
Zoning & alternative use
RES MIXED COUNTY · Reidsville, 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 Reidsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reidsville 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
$6,400,000
ML approach
$5,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.44M
Range $5.80M – $7.08M · ±10% · vs last sale $6.80M (Jan 19 2022)
Last sale anchor
$6.80M
Jan 19 2022
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
$2,639 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,349
Tax year 2023
Assessed value
$664,488
Assessed 2023
Previous assessed
$664,488
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$192,650
Assessed improvement
$471,838
Land market value
$192,650
Improvement market value
$471,838
Total market value
$664,488
Applied tax rate
119.0000
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
1987
Construction
FRAME
Heating
NONE
Stories
1
Total area
2,440 SF
Lot
44.36 ac (1,932,322 SF)
Zoning code
RES MIXED COUNTY
APN
8921-00-17-5991-00
UPID
US53-1848267
Jurisdiction
ROCKINGHAM
Zoning & alternative use
RES MIXED COUNTY · Reidsville, NC
Zoning RES MIXED COUNTY · permitted uses
RES MIXED COUNTY · Reidsville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reidsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
FRAME
Heating
NONE
Stories
1
Lot
44.36 ac
Current owner
From public records · entity-resolved
Plesant Ridge Mhp Reidsville Nc LLC
Entity
Free & Clear · 4 yrs held
Mailing address
16479 DALLAS PKWY STE #600, ADDISON, TX 75001-6876
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2022
$6,800,000
Plesant Ridge Mhp Reidsville Nc LLC
T3t Pleasant Ridge LLC
Special Warranty Deed
—
Dec 20, 2019
$1,670,000
T3t Pleasant Ridge LLC
Nc Land Lease LLC
Trustees Deed
$27,000,000 · Wells Fargo Bk
Dec 20, 2019
—
T3t Pleasant Ridge LLC
Nc Land Lease LLC
Grant Deed
—
Nov 30, 2016
—
Nc Land Lease LLC
—
Deed
related
$6,020,000 · First Cmnty Bk
Jun 26, 2015
$1,500,000
Nc Land Lease LLC
Acg North Carolina LLC
Warranty Deed
$3,075,000 · First Community Bank
Jul 3, 2012
$500,000
Acg North Carolina LLC
Special Services Asset Management C
Special Warranty Deed
—
Nov 8, 2011
$214,000
Special Services Asset Mgmt Co
Rea Ents INC
Grant Deed
related
—
—
—
Nc Land Lease LLC
—
Deed Of Trust
related
$1,500,000 · Charles S Wimmer
—
—
Nc Land Lease LLC
—
Deed Of Trust
related
$6,020,000 · First Cmnty 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 107 Northfork Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
