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Property profile & analytics
OFF-MARKET
Estimated value
$8,975,000
Retail space
108 Main St Jamestown, NC 27282-9811
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-1578069
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Total area
11,054 SF
Lot
6.36 ac (277,042 SF)
Zoning code
CZ-C
APN
160213
UPID
US53-1578069
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
-
China Garden Restaurant
-
Subway Take-out & Catering Catering Service
-
Computer Basics Electronics & Wireless Store
-
Bob Carroll Hair Desgins@ Sophisticuts Salon Hair Salon
-
Bethany Medical at Jamestown Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.25M
Blend (final)
Blend
$8.98M
Owner & transaction history
Peters Devewpment LLC · 5 yrs held
Peters Devewpment LLC
since 2021
Last sale
$7.0M
5 recorded transactions
Zoning & alternative use
CZ-C · Jamestown, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of CZ-C zone is to provide mode of transportation is the automobile and retail and office.
Zone name
Commercial Conditional Zoning
General category
COMMERCIAL
Zone area
7.87 ac
Source
Realmo
Top alternative use upside
Apartment house (5+ units)
$6.6M
+205.1%
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 Jamestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jamestown 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
$8,975,000
ML approach
$7,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,600,000
Change: +205% · Conversion: Difficult
Blend value · Realmo final
$8.98M
Range $8.08M – $9.87M · ±10% · vs last sale $6.95M (Jul 8 2021)
Last sale anchor
$6.95M
Jul 8 2021
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
$812 / 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
$91,439
Tax year 2023
Assessed value
$6,872,800
Assessed 2023
Previous assessed
$6,950,900
-1.1% YoY
Effective rate
1.33%
On assessed value
Assessed land
$2,216,000
Assessed improvement
$4,656,800
Land market value
$2,216,000
Improvement market value
$4,656,800
Total market value
$6,872,800
Applied tax rate
6.0000
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
2001
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Bathrooms
1
Total area
11,054 SF
Lot
6.36 ac (277,042 SF)
Zoning code
CZ-C
APN
160213
UPID
US53-1578069
Jurisdiction
GUILFORD
Zoning & alternative use
CZ-C · Jamestown, NCZoning CZ-C · permitted uses
CZ-C · Jamestown, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of CZ-C zone is to provide mode of transportation is the automobile and retail and office.
Zone name
Commercial Conditional Zoning
General category
COMMERCIAL
Zone area
7.87 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.6M
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
1
Lot
6.36 ac
Current owner
From public records · entity-resolved
Peters Devewpment LLC
Entity
Mailing address
645 N MAIN ST, HIGH POINT, NC 27260-5017
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2021
$6,950,000
Peters Devewpment LLC
Rcc Forestdale LLC
Special Warranty Deed
$6,630,000 · Truliant FCU
May 3, 2018
—
Rcc Forestdale LLC
—
Deed
related
$4,275,000 · Miscellaneous Ins Co
Apr 29, 2011
$5,645,000
Rcc Forestdale LLC
Forestdale Station LP
Deed
$4,225,000 · Wells Fargo Bank NA
Jun 22, 2007
—
Station LP Forestdale
Inland,southeast Forestdal
Quit Claim Deed
related
—
—
—
Rcc Forestdale LLC
—
Deed Of Trust
related
$4,275,000 · Miscellaneous Ins Co
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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