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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Office buildings
118 Main St 120 Youngsville, NC 27596-7961
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2087072
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1912
Total area
5,968 SF
Lot
0.38 ac (16,553 SF)
Zoning code
MS
APN
4556
UPID
US53-2087072
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
-
Yacht Club Beverage House Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$803k
Blend (final)
Blend
$745k
Owner & transaction history
North Forest LLC · 7 yrs held
North Forest LLC
since 2018
6 recorded transactions
Zoning & alternative use
MS · Youngsville, 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 Youngsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Youngsville 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$125 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,245
Tax year 2024
Assessed value
$847,310
Assessed 2024
Previous assessed
$392,380
+115.9% YoY
Effective rate
0.62%
On assessed value
Assessed land
$165,530
Assessed improvement
$681,780
Land market value
$165,530
Improvement market value
$681,780
Total market value
$847,310
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1912
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
1
Total area
5,968 SF
Lot
0.38 ac (16,553 SF)
Zoning code
MS
APN
4556
UPID
US53-2087072
Jurisdiction
FRANKLIN
Zoning & alternative use
MS · Youngsville, NC
Zoning MS · permitted uses
MS · Youngsville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Youngsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1912
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
North Forest LLC
Entity
Mailing address
505 W MAIN ST, SPARTANBURG, SC 29301-2103
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2021
—
North Forest LLC
—
Deed
related
$500,000 · Synovus Bk
Aug 3, 2018
$700,000
North Forest LLC
Pacific Dev I LLC
Warranty Deed
related
$560,000 · Branch Bk&tr
Jan 12, 2018
—
Pacific Dev I LLC
Pj 120 LLC
Warranty Deed
related
—
Jun 2, 2017
$330,000
Pj 120 LLC
Yadusky,kaye L A
Warranty Deed
—
Jun 2, 2017
—
Pj 120 LLC
Yadusky,kaye L A
Quit Claim Deed
related
—
—
—
North Forest LLC
—
Deed Of Trust
related
$500,000 · Synovus Bk
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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