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Property profile & analytics
OFF-MARKET
Retail space
108 1st St, Lowell, NC 28098-1405
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-1155804
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Total area
5,116 SF
Lot
0.2 ac (8,712 SF)
Zoning code
GARG2
APN
127897
UPID
US53-1155804
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
-
Fryeday Coffee Roasters Cafe & Coffee Shop
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
Hoyle-farris Property Holding LLC
Hoyle-farris Property Holding LLC
since 2026
6 recorded transactions
Zoning & alternative use
GARG2 · Lowell, 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 Lowell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lowell 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,208
Tax year 2024
Assessed value
$112,960
Assessed 2024
Previous assessed
$112,960
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$41,120
Assessed improvement
$71,840
Applied tax rate
210.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1940
Heating
YES
Stories
1
Rooms
1
Bathrooms
5
Total area
5,116 SF
Lot
0.2 ac (8,712 SF)
Zoning code
GARG2
APN
127897
UPID
US53-1155804
Jurisdiction
GASTON
Zoning & alternative use
GARG2 · Lowell, NC
Zoning GARG2 · permitted uses
GARG2 · Lowell, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lowell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
YES
Stories
1
Rooms
1
Bathrooms
5
Lot
0.2 ac
Current owner
From public records · entity-resolved
Hoyle-farris Property Holding LLC
Entity
Mailing address
721 GOVERNOR MORRISON ST, CHARLOTTE, NC 28211-3339
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Apr 23, 2026
$350,000
Hoyle-farris Property Holding LLC
W & J Investment Properties LLC
Warranty Deed
$584,800 · Fidelity Bank
Mar 17, 2022
—
W & J Investment Properties LLC
—
Deed
related
$90,000 · The Fidelity Bank
Jan 28, 2022
—
W&j Investment Properties LLC
William Ridgeway Jones
Warranty Deed
—
Feb 16, 2015
$34,000
William R Jones
Gray Family Properties Ltd
Warranty Deed
—
Nov 29, 2012
$34,100
Cray Family Properties Ltd
Communityone Bk NA
Grant Deed
—
Oct 20, 2011
$40,000
Communityone Bk NA
Horton,elise B M
Trustees Deed
related
—
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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