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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Grocery and convenience stores
1237 Mebane Oaks Rd Mebane, NC 27302-9680
Entity Owned
18-yr Hold
Free & Clear
Property ID
US53-1235147
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2022
Total area
6,471 SF
Lot
3.46 ac (150,543 SF)
Zoning code
B 2
APN
164692
UPID
US53-1235147
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
-
PNC Bank ATM Atm
-
Tesla Supercharger Electric Vehicle Charging Station
-
Sheetz Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$705k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
Brocons LLC · 18 yrs held
Brocons LLC
since 2008
4 recorded transactions
Zoning & alternative use
B 2 · Mebane, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$905,000
+251.1%
Commercial (general)
$885,000
+243.5%
Restaurant
$755,000
+194.3%
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 Mebane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mebane 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%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$905,000
Change: +251% · Conversion: Moderate
COMMERCIAL (GENERAL)
$885,000
Change: +243% · Conversion: Easy
RESTAURANT
$755,000
Change: +194% · Conversion: Difficult
AUTO REPAIR, GARAGE
$700,000
Change: +172% · Conversion: Difficult
RETAIL STORES
$570,000
Change: +121% · Conversion: Easy
MEDICAL BUILDING
$440,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$92 / 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
$11,429
Tax year 2023
Assessed value
$1,425,022
Assessed 2023
Previous assessed
$1,425,022
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$1,044,375
Assessed improvement
$380,647
Land market value
$1,044,375
Improvement market value
$380,647
Total market value
$1,425,022
Applied tax rate
14.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2022
Heating
YES
Cooling
NONE
Stories
1
Rooms
3
Bathrooms
1
Total area
6,471 SF
Lot
3.46 ac (150,543 SF)
Zoning code
B 2
APN
164692
UPID
US53-1235147
Jurisdiction
ALAMANCE
Zoning & alternative use
B 2 · Mebane, NC
Zoning B 2 · permitted uses
B 2 · Mebane, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mebane. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$885,000
RESTAURANT
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$700,000
RETAIL STORES
Est. value
$570,000
MEDICAL BUILDING
Est. value
$440,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
2022
Heating
YES
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
3.46 ac
Current owner
From public records · entity-resolved
Brocons LLC
Entity
Free & Clear · 18 yrs held
Mailing address
5700 6TH AVE, ALTOONA, PA 16602-1111
Ownership since
2008
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
Jun 27, 2008
—
Brocons LLC
Brown,william J JR & Lois S
Warranty Deed
related
—
Jan 10, 2006
$2,800,000
Brown,lois S
Bcs Mebane LLC
Grant Deed
—
May 31, 2005
$440,000
Bcs Mebane LLC
Harris,bobby G & Terry W
Warranty Deed
$1,800,000 · First Tn Bk
May 31, 2005
$750,000
Bcs Mebane LLC
Owner Name Unavailable
Grant Deed
related
—
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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