New search
Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Community centers
117 Pilot Knob Rd, Denver, NC 28037-8592
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US53-0141897
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2008
Total area
20,540 SF
Lot
2.11 ac (92,086 SF)
Zoning code
ELDD B-G
APN
31923
UPID
US53-0141897
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
-
Kids Playhouse CLT Family Recreation Center
-
Cookies N Creme Ice Cream & More Take-out & Catering Catering Service
-
Cloninger Properties~Keller Williams Realty Real Estate Agency
-
Jackie Waters, Realtor®/Broker Real Estate Agency
-
Coffee Republic Denver Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$752k
Blend (final)
Blend
$655k
Owner & transaction history
Hwy 73 Capital Group LLC · 14 yrs held
Hwy 73 Capital Group LLC
since 2012
7 recorded transactions
Zoning & alternative use
ELDD B-G · Denver, 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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$605,000
Current use
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$32 / 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
$24,199
Tax year 2023
Assessed value
$3,844,265
Assessed 2023
Previous assessed
$3,844,265
+0.0% YoY
Effective rate
0.63%
On assessed value
Assessed land
$1,156,663
Assessed improvement
$2,687,602
Land market value
$1,156,663
Improvement market value
$2,687,602
Total market value
$3,844,265
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2008
Heating
YES
Cooling
YES
Stories
1
Total area
20,540 SF
Lot
2.11 ac (92,086 SF)
Zoning code
ELDD B-G
APN
31923
UPID
US53-0141897
Jurisdiction
LINCOLN
Zoning & alternative use
ELDD B-G · Denver, NC
Zoning ELDD B-G · permitted uses
ELDD B-G · Denver, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
2008
Heating
YES
Cooling
Yes
Stories
1
Lot
2.11 ac
Current owner
From public records · entity-resolved
Hwy 73 Capital Group LLC
Entity
Mailing address
2326 N NC 16TH BUSINESS HWY, DENVER, NC 28037-8353
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2016
—
Hwy 73 Capital Group LLC
—
Deed
related
$805,000 · First Fsb/lincolnton
Jun 28, 2012
$1,650,000
Hwy 73 Capital Group LLC
Southlake Corners LLC
Warranty Deed
related
$1,500,000 · Carolina Trust Bank
Mar 16, 2009
—
Southlake Corners LLC
—
Trustees Deed
related
$380,200 · Southern Community Bank
Mar 20, 2008
—
Southlake Corners LLC
Southlake Colony LLC
Quit Claim Deed
related
$3,200,000 · Southern Community Bank
Sep 27, 2007
—
Southlake Colony LLC
—
Deed Of Trust
related
$2,500,000 · Peoples Bank & Trust
May 15, 2007
$1,265,000
Southlake Colony LLC
Market Street Investments
Warranty Deed
$850,000 · Peoples Bank & Trust
May 15, 2007
$250,000
Southlake Colony LLC
Owner Name Unavailable
Grant Deed
related
—
Nov 17, 2005
$852,000
Market Street Investments
Wilson,david & Mary
Warranty Deed
$688,000 · Bobby G & Marcella L Wike
Feb 13, 2004
$750,000
David Wilson
—
Grant Deed
related
—
—
—
Hwy 73 Capital Group LLC
—
Deed Of Trust
related
$805,000 · First Fsb/lincolnton
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 117 Pilot Knob Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
