New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Drug stores
11316 Main St, Archdale, NC 27263-2895
Individually Owned
4-yr Hold
Free & Clear
Property ID
US53-0060470
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1999
Total area
11,260 SF
Lot
2.25 ac (98,010 SF)
Zoning code
B1
APN
7718292358
UPID
US53-0060470
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.83M
Owner & transaction history
Goodwill Industries Of Central Nc I · 4 yrs held
Goodwill Industries Of Central Nc I
since 2021
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
B1 · Archdale, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+1.4%
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 Archdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Archdale 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
$1,700,000
ML approach
$1,620,000
CAP Approach
CAP Return
Estimation
6%
$2,295,000
6.5%
$2,115,000
7%
$1,965,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,650,000
Current use
COMMERCIAL (GENERAL)
$1,675,000
Change: +1% · Conversion: Easy
RESTAURANT
$1,365,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±10% · vs last sale $2.00M (Sep 3 2021)
Last sale anchor
$2.00M
Sep 3 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
$162 / 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
Assessed value
$2,036,610
Assessed 2023
Previous assessed
$1,620,440
+25.7% YoY
Assessed land
$703,130
Assessed improvement
$1,333,480
Land market value
$703,130
Improvement market value
$1,333,480
Total market value
$2,036,610
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
11,260 SF
Lot
2.25 ac (98,010 SF)
Zoning code
B1
APN
7718292358
UPID
US53-0060470
Jurisdiction
RANDOLPH
Zoning & alternative use
B1 · Archdale, NC
Zoning B1 · permitted uses
B1 · Archdale, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Archdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RESTAURANT
Est. value
$1.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
2.25 ac
Current owner
From public records · entity-resolved
Goodwill Industries Of Central Nc I
Individual
Free & Clear · 4 yrs held
Mailing address
1235 S EUGENE ST, GREENSBORO, NC 27406-1309
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
Sep 3, 2021
$2,000,000
Goodwill Industries Of Central Nc I
Ska Investment Group LLC
Special Warranty Deed
—
Jul 15, 2021
—
Ska Investment Group LLC
Archdale Eckerds LLC
Re-recorded Document
related
—
Apr 24, 2018
$1,800,000
Ska Investment Group LLC
Archdale Eckerds LLC
Grant Deed
—
Jun 8, 2007
$3,300,000
Archdale Eckerds LLC
Bertha Martin Fisher Family
Grant Deed
$1,900,000 · Wachovia Bk/ga
May 22, 2007
$3,300,000
Archdale Eckerds LLC
Bertha,martin Fisher Famil
Grant 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.
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 11316 Main 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.
