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Property profile & analytics
OFF-MARKET
Office buildings
110 Caswell St, La Grange, NC 28551-1708
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2686672
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1952
Total area
1,440 SF
Lot
0.05 ac (2,178 SF)
Zoning code
DC
APN
356605184702
UPID
US53-2686672
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
-
Copper & Loom Home Decor Store Department 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
Ctlt 121 LLC · 2 yrs held
Ctlt 121 LLC
since 2023
4 recorded transactions
Zoning & alternative use
DC · La Grange, 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 La Grange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Grange 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
$417
Tax year 2024
Assessed value
$30,304
Assessed 2024
Previous assessed
$30,304
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$2,214
Assessed improvement
$28,090
Land market value
$2,214
Improvement market value
$28,090
Total market value
$30,304
Applied tax rate
155.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1952
Heating
OTHER
Cooling
CENTRAL
Stories
1
Rooms
2
Total area
1,440 SF
Lot
0.05 ac (2,178 SF)
Zoning code
DC
APN
356605184702
UPID
US53-2686672
Jurisdiction
LENOIR
Zoning & alternative use
DC · La Grange, NC
Zoning DC · permitted uses
DC · La Grange, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Grange. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Heating
OTHER
Cooling
Yes
Stories
1
Rooms
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Ctlt 121 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4927 WASHINGTON ST, LA GRANGE, NC 28551-8081
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Oct 31, 2023
—
Ctlt 121 LLC
Christopher Wayne Thigpen
Warranty Deed
—
Apr 25, 2023
$47,500
Christopher Wayne Thigpen
Bruce A Bannister
Special Warranty Deed
$4,500 · Bruce A Bannister Etal
Sep 16, 2021
—
Change 4 La Grange
Pab Publishing Company
Deed
—
Aug 25, 2020
$20,000
Bruce A Bannister
Etc Properties LLC
Warranty 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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