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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Grocery and convenience stores
12740 Lancaster Hwy, Pineville, NC 28134-6381
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-0459541
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Total area
4,864 SF
Lot
1.53 ac (66,647 SF)
Zoning code
B4
APN
22150103
UPID
US53-0459541
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
-
Shell Gas Station
-
B & M Services Interior Design Home Decor Store
-
Krispy Krunchy Chicken Restaurant
-
Sammy's Bar & Pub
-
Bitstop Bitcoin ATM Crypto Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$443k
Blend (final)
Blend
$620k
Owner & transaction history
B & M Services LLC · 8 yrs held
B & M Services LLC
since 2017
7 recorded transactions
Zoning & alternative use
B4 · Pineville, 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 Pineville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pineville 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
$620k
Range $558k – $682k · ±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
$127 / 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
$13,312
Tax year 2023
Assessed value
$1,756,000
Assessed 2024
Previous assessed
$2,733,900
-35.8% YoY
Effective rate
0.76%
On assessed value
Assessed land
$1,274,900
Assessed improvement
$481,100
Land market value
$1,274,900
Improvement market value
$481,100
Total market value
$1,756,000
Applied tax rate
21.0000
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
1997
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
4,864 SF
Lot
1.53 ac (66,647 SF)
Zoning code
B4
APN
22150103
UPID
US53-0459541
Jurisdiction
MECKLENBURG
Zoning & alternative use
B4 · Pineville, NC
Zoning B4 · permitted uses
B4 · Pineville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pineville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
B & M Services LLC
Entity
Mailing address
1018 LK FRST DR, WEDDINGTON, NC 28104-7411
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2017
$2,500,100
B & M Services LLC
Hendley,john N & Julie W
Warranty Deed
$1,635,001 · John N & Julie W Hendley
Mar 10, 2015
$155,000
Carolina Sportsplex LLC
Duke Energy Carolinas LLC
Grant Deed
related
—
Oct 25, 2007
—
William J Brewer JR.
Hendley,john N & Julie W
Quit Claim Deed
related
—
Jun 6, 2005
—
John N Hendley
—
Trustees Deed
related
$1,736,668 · First Charter Bank
Aug 5, 1999
$1,762,500
John Nance Hendley
Tannir,fares LLC
Grant Deed
—
—
—
John N Hendley
—
Deed Of Trust
related
$897,532 · Fifth Third Bank
—
—
John N Hendley
—
Deed Of Trust
related
$1,900,000 · First Charter Bank
—
—
John N Hendley
—
Deed Of Trust
related
$1,245,716 · Fifth Third 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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