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Property profile & analytics
OFF-MARKET
Retail space
117 Main St, Colerain, NC 27924-8903
Individually Owned
1-yr Hold
Free & Clear
Property ID
US53-4549908
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
BRICK
Total area
4,000 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CENTRAL BUSINESS
APN
6859-89-6361
UPID
US53-4549908
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
C Wood Beasley III · 1 yrs held
C Wood Beasley III
since 2024
Last sale
$25,500
3 recorded transactions
Zoning & alternative use
CENTRAL BUSINESS · Colerain, 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 Colerain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colerain 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 2022Property tax & assessments
Tax year 2022
Tax billed
$310
Tax year 2022
Assessed value
$23,595
Assessed 2023
Previous assessed
$23,595
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$16,395
Assessed improvement
$7,200
Land market value
$16,395
Improvement market value
$7,200
Total market value
$23,595
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Construction
BRICK
Heating
FORCED AIR
Stories
1
Total area
4,000 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CENTRAL BUSINESS
APN
6859-89-6361
UPID
US53-4549908
Jurisdiction
BERTIE
Zoning & alternative use
CENTRAL BUSINESS · Colerain, NC
Zoning CENTRAL BUSINESS · permitted uses
CENTRAL BUSINESS · Colerain, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colerain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
BRICK
Heating
FORCED AIR
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
C Wood Beasley III
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 238, COLERAIN, NC 27924-0238
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
Oct 15, 2024
$25,500
C Wood Beasley III
Greenwood Applied Services LLC
Warranty Deed
—
Feb 13, 2014
—
Greenwood Applied Services LLC
North East Oil Co INC
Correction Deed
related
—
Dec 3, 2013
$26,000
Greenwood Applied Services LLC
North East Oil Company INC
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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