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Property profile & analytics
OFF-MARKET
Estimated value
$4,125,000
Turn key restaurants
1130 Wesleyan Blvd, Rocky Mount, NC 27804-1829
Individually Owned
8-yr Hold
Free & Clear
Property ID
US53-2900268
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Construction
BRICK
Total area
6,230 SF
Lot
0.99 ac (43,124 SF)
Zoning code
B2CU
APN
385118-30-0859
UPID
US53-2900268
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
-
San Jose Tacos and Tequila Restaurant
-
Watch Hut & Jewelry (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.79M
Blend (final)
Blend
$4.13M
Owner & transaction history
Kathie Russell · 8 yrs held
Kathie Russell
since 2017
4 recorded transactions
Zoning & alternative use
B2CU · Rocky Mount, 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 Rocky Mount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky Mount 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
by Request
ML approach
$3,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.13M
Range $3.71M – $4.54M · ±10%
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
$662 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$9,534
Tax year 2024
Assessed value
$1,481,020
Assessed 2024
Previous assessed
$1,481,020
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$646,860
Assessed improvement
$834,160
Land market value
$646,860
Improvement market value
$834,160
Total market value
$1,481,020
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1992
Construction
BRICK
Heating
NONE
Cooling
CENTRAL
Total area
6,230 SF
Lot
0.99 ac (43,124 SF)
Zoning code
B2CU
APN
385118-30-0859
UPID
US53-2900268
Jurisdiction
NASH
Zoning & alternative use
B2CU · Rocky Mount, NC
Zoning B2CU · permitted uses
B2CU · Rocky Mount, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky Mount. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
BRICK
Heating
NONE
Cooling
Yes
Lot
0.99 ac
Current owner
From public records · entity-resolved
Kathie Russell
Individual
Free & Clear · 8 yrs held
Mailing address
1130 N WESLEYAN BLVD, ROCKY MOUNT, NC 27804-1829
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Dec 5, 2017
$95,000
Kathie Russell
Nicollette Harris
Warranty Deed
—
Dec 21, 2012
—
Flores Investments LLC
Pnc Bank National Association
Special Warranty Deed
$792,000 · Vantagesouth Bank
Feb 9, 2012
$820,000
Rbc Bank USA
Hambone Dog Properties L L C
Trustees Deed
related
—
Aug 31, 2005
$1,500,000
Hambone Dog Properties LLC
Ervin Investment Properties LLC
Warranty Deed
$3,670,000 · Rbc Centura Bank
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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