New search
Property profile & analytics
OFF-MARKET
Office buildings
111 Gilliam St, Oxford, NC 27565-3307
Individually Owned
Free & Clear
Property ID
US53-3380936
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Total area
3,610 SF
Lot
0.22 ac (9,583 SF)
APN
192313129628
UPID
US53-3380936
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
-
Hicks, Preddy & Washburn, PC Law Firm
-
Hopper William L Law Firm
-
Brown III Robert W Law Firm
-
Westfall Paul Law Firm
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
Olena Hirniak
Olena Hirniak
since 2025
Last sale
$120,000
7 recorded transactions
Zoning & alternative use
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 Oxford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxford 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 2020Property tax & assessments
Tax year 2020
Tax billed
$3,212
Tax year 2020
Assessed value
$435,927
Assessed 2024
Previous assessed
$191,216
+128.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$80,511
Assessed improvement
$355,416
Land market value
$80,511
Improvement market value
$355,416
Total market value
$435,927
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
3,610 SF
Lot
0.22 ac (9,583 SF)
APN
192313129628
UPID
US53-3380936
Jurisdiction
GRANVILLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
11
Lot
0.22 ac
Current owner
From public records · entity-resolved
Olena Hirniak
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 247, OXFORD, NC 27565-0247
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
53 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2025
$305,000
Olena Hirniak
Christi Summerlin Stephenson
Warranty Deed
—
Nov 4, 2022
$28,000
Harold T Blackwell
Michael David Everett
Warranty Deed
—
Apr 1, 2022
$120,000
Harvey W Spurr JR
Charles G Smith
Warranty Deed
—
Jun 17, 2021
—
Gillaim Street Partners LLC
—
Deed
related
$580,000 · Ubank
May 10, 2021
—
Chester B Andrews III
Chester B Andrews
Intrafamily Transfer
related
—
Dec 11, 2020
$133,000
Jeromy Harris
Christopher Michael Hite
Warranty Deed
$129,010 · Quicken Loans LLC
Dec 11, 2020
—
Judy Locklear
David Locklear
Intrafamily Transfer
related
—
Nov 13, 2020
—
Sydney G Allgood
Sydney G Allgood
Intrafamily Transfer
related
$180,000 · State Employees Cu
Sep 1, 2020
—
Christie Abdelouarit
Charles P Crute JR
Warranty Deed
—
Jul 22, 2020
—
Lonnie Cole JR
Lonnie Cole SR.
Intrafamily Transfer
related
—
Mar 20, 2020
$520,000
Addyson Qualified Oppurtunity Fund
Shield Development LLC
Warranty Deed
—
Jul 12, 2019
$50,000
Margaret S Sandusky
Cooper Financial Group INC
Warranty Deed
—
Jun 28, 2019
$200,000
Robert T Watson
Gk Development LLC
Warranty Deed
$193,951 · Duke University FCU
May 17, 2019
$200,000
Kale Mansberger
Gk Development LLC
Warranty Deed
—
May 8, 2019
—
Joseph Larry Wilson II
Joseph Larry Wilson II
Intrafamily Transfer
related
$164,578 · Benchmark Community Bank
Apr 26, 2019
—
Granville County
Granville County
Special Warranty Deed
—
Mar 29, 2019
$220,000
Devon Jimel Royster
Kenneth C Davis
Warranty Deed
$222,000 · State Employees Cu
Feb 4, 2019
$168,000
Dave Hanson
Glenn D Hughes
Warranty Deed
—
Jan 31, 2018
—
Gilliam Street Partners LLC
—
Deed
related
$139,962 · Capital Bank
Sep 18, 2017
$44,000
Boris Terry
Doris M Bell
Warranty Deed
—
Sep 12, 2017
$535,000
Randy T Humphries
Blackley Farms LLC
Warranty Deed
$334,960 · Blackley Farms LLC
Sep 1, 2017
$913,000
Loop Road Warehouse LLC
Samuel Crews
Warranty Deed
—
Aug 18, 2017
$290,000
Kevin L Cunningham
Andrew Mcneal
Warranty Deed
$140,000 · Third Fsla Of Cleveland
Aug 18, 2017
$128,000
Charles Fletcher
Betty Norwood
Warranty Deed
$78,000 · Tidewater Mortgage Services INC
Aug 3, 2017
$45,000
William P Jenkins
James Lee Lunsford
Warranty Deed
$45,000 · James Lee Lunsford Etal
Jul 25, 2017
$172,000
Charles Warren
Robin Liggon
Warranty Deed
—
Jul 14, 2017
$340,000
Eric Mille
James Ken Colton
Warranty Deed
$289,000 · Carolina Farm Credit Aca
May 5, 2017
$50,000
Bradford Gregurie
Sue Ellen Humphries
Warranty Deed
—
May 4, 2017
—
Mack D Pridgen III
Wrightsville Group LLC
Warranty Deed
—
Jan 31, 2017
$465,000
William L Turner III
Alvin B Hobgood
Warranty Deed
$395,000 · Alvin B Hobgood Etal
Jan 18, 2017
$18,000
Maria Cristina Paredes
Sandy S Smith
Warranty Deed
—
Aug 31, 2016
$90,000
Walter Justin Aycock
Mary Cathy Haryley
Warranty Deed
$55,000 · Mary Hartley
Aug 15, 2016
$145,000
James J Doran
Kevin Kelly Kuhn
Warranty Deed
$130,500 · Corporate Investors Mortgage Group
Aug 10, 2016
$12,000
Dabbs Family Trust
Darlene D Dabbs
Warranty Deed
—
Aug 4, 2016
—
Hillsboro Street Prroperties LLC
Kenneth Ray Watkins
Warranty Deed
—
May 12, 2016
$175,000
Kenneth Hendry
Le Ann Rafter
Warranty Deed
—
Apr 29, 2016
$95,000
Craig Parrott Tyler
Tammy B Pulley
Warranty Deed
$85,000 · Branch Banking And Trust Co
Apr 15, 2016
—
Mable H Stevenson
Frederick M Cooper
Deed
—
Aug 7, 2015
$74,000
David L Fisher
N & A Ventures LLC
Warranty Deed
—
Jul 30, 2015
$89,000
Paul L Munn
Evelyn Obrien Wall
Warranty Deed
—
Nov 20, 2014
$59,333
Leigh Hester
Limer Properties LLC
Warranty Deed
—
Nov 20, 2014
—
Treasures Of Joy Corp
Converting Hearts Ministries INC
Warranty Deed
—
Mar 23, 2011
$466,000
Red Clay LLC
Grace Hamme Garrett
Warranty Deed
—
Mar 22, 2011
—
Marva Lee Lemus Murillo
Cristobal Lemus Murillo
Intrafamily Transfer
related
—
Oct 11, 2010
—
Michael Craig Preddy
Michael C Preddy
Intrafamily Transfer
related
—
Jun 25, 2010
$65,000
Joseph Lindsay JR
T And L Investments Of Nc
Warranty Deed
$65,801 · T & L Investments Of Nc
Sep 4, 2009
$60,000
Stonie Eastman
William Michael Arrington
Warranty Deed
—
Aug 28, 2009
—
Dinks P Thompson JR
Dinks P Thompson JR
Warranty Deed
related
—
Aug 20, 2009
$63,000
William P Harshbarger III
Essie D Hamm
Warranty Deed
—
Aug 14, 2009
$205,000
Michael Todd Stevens
Branch Banking And Trsut Co
Special Warranty Deed
—
Jul 27, 2009
—
Mable Stevenson
Vinell E Hicks
Intrafamily Transfer
related
—
Mar 20, 2008
$250,000
Gilliam Street Parners LLC
Hopper Enterprises LLC
Warranty Deed
$225,000 · Capital Bank
Jan 31, 2006
—
Dariel A Tuck
Rusti T Tuck
Quit Claim 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.
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 111 Gilliam St?
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.