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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Commercial real estate
119 Main St, Jamestown, NC 27282-9551
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-5506875
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1954
Construction
FRAME
Total area
6,560 SF
Lot
0.17 ac (7,405 SF)
Zoning code
GB
APN
160666
UPID
US53-5506875
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
-
Southern Roots Restaurant Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$800k
Blend (final)
Blend
$920k
Owner & transaction history
Tardigrade Properties LLC · 5 yrs held
Tardigrade Properties LLC
since 2020
Last sale
$925,000
7 recorded transactions
Zoning & alternative use
GB · Jamestown, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+29.9%
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 Jamestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jamestown 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
$1,285,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,105,000
6.5%
$1,020,000
7%
$950,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$990,000
Current use
RETAIL STORES
$1,285,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $925k (Dec 1 2020)
Last sale anchor
$925k
Dec 1 2020
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
$140 / 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
$8,909
Tax year 2023
Assessed value
$677,200
Assessed 2023
Previous assessed
$677,200
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$57,600
Assessed improvement
$619,600
Land market value
$57,600
Improvement market value
$619,600
Total market value
$677,200
Applied tax rate
6.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1954
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
3
Bathrooms
4
Total area
6,560 SF
Lot
0.17 ac (7,405 SF)
Zoning code
GB
APN
160666
UPID
US53-5506875
Jurisdiction
GUILFORD
Zoning & alternative use
GB · Jamestown, NC
Zoning GB · permitted uses
GB · Jamestown, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jamestown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$990,000
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1954
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
3
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Tardigrade Properties LLC
Entity
Mailing address
3907 DOVER PARK RD, GREENSBORO, NC 27407-8261
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2020
$1,300,000
Tardigrade Properties LLC
Wrennovation LLC
Warranty Deed
$122,831 · The Fidelity Bank
Apr 3, 2017
—
Wrennovation LLC
Ragsdale,george W & Jenny E
Warranty Deed
$1,150,000 · Bank Of Oak Ridge
Apr 21, 2014
—
Ragsdale Brothers LLC
—
Grant Deed
related
$1,300,000 · High Point Bk&tr
Sep 23, 2008
$742,000
Ragsdale Brothers LLC
Itac 263 LLC
Grant Deed
—
Jun 17, 2008
$350,000
Itac 263 LLC
Thermal Industries INC
Grant Deed
$500,000 · Newbridge Bank
—
—
Ragsdale Brothers LLC
—
Deed Of Trust
related
$500,000 · High Point Bank & Trust Co
—
—
Ragsdale Brothers LLC
—
Deed Of Trust
related
$53,885 · Newbridge Bank
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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