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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Retail space
126 Main St Davidson, NC 28036-8096
Entity Owned
10-yr Hold
Free & Clear
Property ID
US53-0458669
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1901
Total area
6,046 SF
Lot
0.06 ac (2,665 SF)
Zoning code
VCE
APN
325832
UPID
US53-0458669
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
-
Main Street Books (Bike/Boat/Book/etc) Store
-
Courtyard Massage and Wellness of Davidson Alternative Medicine Practice Spa & Massage Center
-
LKN Speech Language Pathology Physician
-
Marianne Umphlett Physician
-
One Nice Place Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$820k
Owner & transaction history
126 South Main LLC · 10 yrs held
126 South Main LLC
since 2016
5 recorded transactions
Zoning & alternative use
VCE · Davidson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Village Center Planning Area is established to protect and cultivate the unique environment of Davidsons historic downtown. It is the community commercial, civic, cultural, and transportation hub. The Village Center should include places for public gatherings, civic and cultural events, and public art. Infill development must complement the traditional b…
Zone name
Village Center
General category
CIVIC_INSTITUTIONAL
Zone area
19.38 ac
Source
Realmo
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 Davidson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davidson 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%
$1,235,000
6.5%
$1,140,000
7%
$1,060,000
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$136 / 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
$7,959
Tax year 2023
Assessed value
$1,076,900
Assessed 2024
Previous assessed
$1,076,900
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$425,100
Assessed improvement
$651,800
Land market value
$425,100
Improvement market value
$651,800
Total market value
$1,076,900
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1901
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Rooms
4
Total area
6,046 SF
Lot
0.06 ac (2,665 SF)
Zoning code
VCE
APN
325832
UPID
US53-0458669
Jurisdiction
MECKLENBURG
Zoning & alternative use
VCE · Davidson, NCZoning VCE · permitted uses
VCE · Davidson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Village Center Planning Area is established to protect and cultivate the unique environment of Davidsons historic downtown. It is the community commercial, civic, cultural, and transportation hub. The Village Center should include places for public gatherings, civic and cultural events, and public art. Infill development must complement the traditional built environment and encourage small, independent retailers.
Zone name
Village Center
General category
CIVIC_INSTITUTIONAL
Zone area
19.38 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1901
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
4
Lot
0.06 ac
Current owner
From public records · entity-resolved
126 South Main LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 958, DAVIDSON, NC 28036-0958
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2016
$607,000
126 South Main LLC
Badger 60 LLC
Grant Deed
—
May 24, 2016
—
Hawthornes Holding Group LLC
—
Deed
related
$300,000 · Kathleen Vecchione
Jun 21, 2013
—
Badger 60 LLC
Reinke,william F & Elizabeth M
Quit Claim Deed
related
—
—
—
William F Reinke
—
Deed Of Trust
related
$250,000 · Branch Banking & Trust Co
—
—
Hawthornes Holding Group LLC
—
Deed Of Trust
related
$300,000 · Kathleen Vecchione
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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