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Property profile & analytics
OFF-MARKET
Estimated value
$1,770,000
Drug stores
1142 Broome St Waxhaw, NC 28173-9378
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-0791481
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2004
Total area
10,856 SF
Lot
1.28 ac (55,844 SF)
Zoning code
C-3 WAXHAW
APN
06-141-018A
UPID
US53-0791481
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
-
CVS Photo (Bike/Boat/Book/etc) Store Printing Service
-
MoneyGram Bank Credit Union
-
CVS Pharmacy Pharmacy
-
MinuteClinic at CVS Medical Clinic
-
CVS Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.77M
Owner & transaction history
1142a North Broome St LLC · 7 yrs held
1142a North Broome St LLC
since 2019
7 recorded transactions
Zoning & alternative use
C-3 WAXHAW · Waxhaw, 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 Waxhaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waxhaw 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,220,000
6.5%
$2,050,000
7%
$1,905,000
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±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
$163 / 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
Tax billed
$17,316
Tax year 2023
Assessed value
$1,706,200
Assessed 2023
Previous assessed
$1,706,200
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$564,100
Assessed improvement
$1,142,100
Land market value
$564,100
Improvement market value
$1,142,100
Total market value
$1,706,200
Applied tax rate
528.0000
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
2004
Heating
YES
Stories
1
Total area
10,856 SF
Lot
1.28 ac (55,844 SF)
Zoning code
C-3 WAXHAW
APN
06-141-018A
UPID
US53-0791481
Jurisdiction
UNION
Zoning & alternative use
C-3 WAXHAW · Waxhaw, NC
Zoning C-3 WAXHAW · permitted uses
C-3 WAXHAW · Waxhaw, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waxhaw. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
YES
Stories
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
1142a North Broome St LLC
Entity
Mailing address
1ST DR MC 2320TH WOONSOCKET
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2019
$2,043,000
1142a North Broome St LLC
Rocky Home Plaza INC
Special Warranty Deed
$821,533 · Union Bank & Trust
Apr 11, 2014
$1,771,000
Rocky Home Plaza INC
PC Holdings 2 LLC
Special Warranty Deed
$1,150,780 · Fsgbank NA
Jan 27, 2014
—
Cvs Waxhaw Nc LLC
A Perin Dev Co LLC
Grant Deed
related
—
Dec 29, 2010
$1,680,000
PC Holdings 2 LLC
Scp 2004e-068 LLC
Grant Deed
—
Dec 20, 2004
$750,000
Cvs Waxhaw Nc LLC
A Perin Dev Co LLC
Grant Deed
—
Dec 15, 2004
—
Cvs Waxhaw Nc LLC
A Perin Dev Co LLC
Grant Deed
related
—
Jun 9, 2004
$750,000
Cvs 5341 Nc LLC
A Perin Dev Co LLC
Grant Deed
—
—
—
Scp 2004e-068 LLC
—
Deed Of Trust
related
$2,515,271 · Wells Fargo Bank Northwes (te)
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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