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Property profile & analytics
OFF-MARKET
Retail space
1154 Main St Oakboro, NC 28129-9332
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1528707
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Total area
12,141 SF
Lot
4.51 ac (196,456 SF)
Zoning code
MULTIPLE
APN
650403114975
UPID
US53-1528707
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thomas Tree Legacy LLC · 3 yrs held
Thomas Tree Legacy LLC
since 2022
4 recorded transactions
Zoning & alternative use
MULTIPLE · Oakboro, NC
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 Oakboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakboro 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,323
Tax year 2024
Assessed value
$404,052
Assessed 2024
Previous assessed
$405,473
-0.4% YoY
Effective rate
1.07%
On assessed value
Assessed land
$111,625
Assessed improvement
$292,427
Land market value
$111,625
Improvement market value
$292,427
Total market value
$404,052
Applied tax rate
510.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Bathrooms
6
Total area
12,141 SF
Lot
4.51 ac (196,456 SF)
Zoning code
MULTIPLE
APN
650403114975
UPID
US53-1528707
Jurisdiction
STANLY
Zoning & alternative use
MULTIPLE · Oakboro, NCZoning MULTIPLE · permitted uses
MULTIPLE · Oakboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 110 SHORT TITLE.
Building & site characteristics
From public records
Year built
1965
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
6
Lot
4.51 ac
Current owner
From public records · entity-resolved
Thomas Tree Legacy LLC
Entity
Free & Clear · 3 yrs held
Mailing address
136 PECAN DR, OAKBORO, NC 28129-9347
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Sep 26, 2022
—
Thomas Tree Legacy LLC
Joel D Thomas
Correction Deed
related
—
Dec 16, 2013
—
Joel D Thomas
—
Trustees Deed
related
$100,000 · Home Savings Bk Albemarle Ssb
—
—
Joel D Thomas
—
Deed Of Trust
related
$285,000 · Home Savings Bk Albemarle Ssb
—
—
Joel D Thomas
—
Deed Of Trust
related
$225,000 · Home Savings Bk Albemarle Ssb
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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