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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Strip malls
126 Fairway Shopping Ctr Hudson, NC 28638-2439
Entity Owned
Absentee Owner
Free & Clear
Property ID
US53-1644864
Property summary
AI-generated overview
This exceptional 8,000 square foot retail space, located at 126 Fairway Shopping Center in Hudson, North Carolina (zip code 28638), presents a unique opportunity for businesses seeking high visibility and ample space. The property is classified as Retail, Industrial, and Special Purpose, with subtypes including Flex, Warehouse, and Distribution, offering versatility for a wide range of uses. Currently, one unit is available within a multi-tenant building. Situated in a high-traffic area of Hudson, this location ensures maximum brand exposure and customer interaction. The generous square footage allows for flexible design and layout customization, enabling businesses to create a space perfectly tailored to their specific needs and brand identity. Whether you envision a boutique, flagship store, specialty shop, or even a pop-up retail experience, this property provides the ideal platform to establish and grow your business. The property's location offers significant advantages for businesses seeking a prominent presence in the thriving Hudson market.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,000 SF
Lot
0.36 ac (15,624 SF)
APN
03 3A 1 16
UPID
US53-1644864
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
$715k
Owner & transaction history
FAIRWAY SHOPPING CNTR INC
FAIRWAY SHOPPING CNTR INC
Zoning & alternative use
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 Hudson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hudson 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$945,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$830,000
Change: 0% · Conversion: Moderate
RESTAURANT
$680,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$610,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$605,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$600,000
Change: 0% · Conversion: Easy
RETAIL STORES
$555,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$89 / 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
Property tax & assessments
Assessed value
$183,800
Assessed 2024
Previous assessed
$183,800
+0.0% YoY
Assessed land
$19,400
Assessed improvement
$164,400
Land market value
$19,400
Improvement market value
$164,400
Total market value
$183,800
Applied tax rate
3.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
1
Stories
1
Units
2
Bathrooms
4
Total area
8,000 SF
Lot
0.36 ac (15,624 SF)
APN
03 3A 1 16
UPID
US53-1644864
Jurisdiction
CALDWELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$945,000
OFFICE BUILDING
Est. value
$830,000
RESTAURANT
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$610,000
MEDICAL BUILDING
Est. value
$605,000
COMMERCIAL (GENERAL)
Est. value
$600,000
RETAIL STORES
Est. value
$555,000
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
4
Lot
0.36 ac
Current owner
From public records · entity-resolved
FAIRWAY SHOPPING CNTR INC
Entity
Free & Clear · 0 yrs held
Mailing address
845 2ND ST NE, HICKORY, NC 28601-3838
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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