Financial
Distress signals
Property profile

115 E Pennsylvania Ave Southern Pines, NC 28387

FOR LEASE
Retail space
Property ID
US53-5205701
0.06 ac lot Built 1992
Last sale Jan 2025 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property in Downtown Southern Pines, North Carolina includes a small first-floor office suite accessible from a common area hallway. Suite 4 and Suite 5 together comprise approximately 444 square feet and include three rooms. The property is served by electric, water, and sewer services, and the suite is set up for office use.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$513k
Assessed land$261k
Assessed improvement$252k
Effective rate0.64%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k
NOI build-up
Gross scheduled income$121k
Vacancy & credit loss−$79k
Operating expenses−$11k
NOI · 39,470.10% cap applied$32k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
39,470.10%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CB
The CB district is designed to accommodate a wide variety of commercial activities (particularly those that are pedestrian oriented) in a...
General categoryCOMMERCIAL
JurisdictionMOORE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
Electrical Service10.6
HVAC Service10.4

Location

115 E Pennsylvania Ave Southern Pines, NC 28387
County assessor Recorded deeds · 5 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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