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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Banks
114 Main St, Stanley, NC 28164-1750
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1505152
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1920
Total area
5,130 SF
Lot
0.12 ac (5,227 SF)
Zoning code
OFF01
APN
133965
UPID
US53-1505152
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
-
Hello Cricket Boutique Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
South Main Street Partners LLC · 1 yrs held
South Main Street Partners LLC
since 2024
Last sale
$611,000
3 recorded transactions
Zoning & alternative use
OFF01 · Stanley, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$815,000
+79.3%
Commercial (general)
$630,000
+38.3%
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 Stanley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stanley 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
$610,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$455,000
Current use
MEDICAL BUILDING
$815,000
Change: +79% · Conversion: Difficult
COMMERCIAL (GENERAL)
$630,000
Change: +38% · Conversion: Difficult
RESTAURANT
$455,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$420,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $611k (Aug 5 2024)
Last sale anchor
$611k
Aug 5 2024
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
$119 / 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
$1,630
Tax year 2024
Assessed value
$149,710
Assessed 2024
Previous assessed
$149,710
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$33,690
Assessed improvement
$116,020
Applied tax rate
260.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1920
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
5
Total area
5,130 SF
Lot
0.12 ac (5,227 SF)
Zoning code
OFF01
APN
133965
UPID
US53-1505152
Jurisdiction
GASTON
Zoning & alternative use
OFF01 · Stanley, NC
Zoning OFF01 · permitted uses
OFF01 · Stanley, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stanley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$455,000
MEDICAL BUILDING
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$630,000
RESTAURANT
Est. value
$455,000
AUTO REPAIR, GARAGE
Est. value
$420,000
FINANCIAL BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
1920
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
South Main Street Partners LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4810 MEADOWRIDGE DR, CHARLOTTE, NC 28226-1213
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2024
—
South Main Street Partners LLC
South Main Street Partners LLC
Warranty Deed
related
—
Jun 28, 2024
$611,000
South Main Street Partners LLC
Craig Realty & Development Company
Warranty Deed
$704,000 · Charlotte Metro FCU
Feb 21, 2023
$125,000
J Lanier Properties LLC
Mark A Michael
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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