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Property profile & analytics
OFF-MARKET
Retail space
111 Central Ave Mount Holly, NC 28120-1616
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-5451775
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Total area
4,060 SF
Lot
0.04 ac (1,742 SF)
Zoning code
RET01
APN
216906
UPID
US53-5451775
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
-
Friends Heating & Cooling Inc HVAC Service General Contractor
-
Sanitations Unlimited Commercial Cleaning Service
-
DoulaTopia Holistic Wellness & Spa Gym & Fitness Center Alternative Medicine Practice
-
Rabb Florist (Bike/Boat/Book/etc) Store Florist
-
Capital Management-Engineering Engineer
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
Rabb Properties LLC · 3 yrs held
Rabb Properties LLC
since 2022
Last sale
$500,000
4 recorded transactions
Zoning & alternative use
RET01 · Mount Holly, 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 Mount Holly submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Holly 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
$2,859
Tax year 2024
Assessed value
$284,810
Assessed 2024
Previous assessed
$284,810
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$26,140
Assessed improvement
$258,670
Applied tax rate
230.0000
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
1930
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
1
Total area
4,060 SF
Lot
0.04 ac (1,742 SF)
Zoning code
RET01
APN
216906
UPID
US53-5451775
Jurisdiction
GASTON
Zoning & alternative use
RET01 · Mount Holly, NC
Zoning RET01 · permitted uses
RET01 · Mount Holly, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Holly. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Rabb Properties LLC
Entity
Mailing address
111 W CENTRAL AVE #201, MOUNT HOLLY, NC 28120-1616
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2022
$500,000
Rabb Properties LLC
Main Street Dance Works LLC
Warranty Deed
$375,000 · Belmont Savings Bank Ssb
Nov 16, 2016
$246,000
Main Street Dance Works LLC
Wilson Bradley Investments LLC
Warranty Deed
—
Sep 1, 1976
$12,000
Elizabeth R Curtis
—
Grant Deed
related
—
—
—
Wilson Bradley Investments INC
—
Loan Modification
related
$240,000 · Bank Of The Ozarks
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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