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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
13 Martin St Raleigh, NC 27601-1841
Entity Owned
8-yr Hold
Free & Clear
Property ID
US53-2210135
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1910
Construction
BRICK
Total area
2,304 SF
Lot
0.03 ac (1,307 SF)
Zoning code
DX-5
APN
1703.34-77-1985 0018587
UPID
US53-2210135
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
-
Mecca Restaurant Restaurant
-
Market Plaza Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$364k
Blend (final)
Blend
$555k
Owner & transaction history
Acmec Holdings LLC · 8 yrs held
Acmec Holdings LLC
since 2018
2 recorded transactions
Zoning & alternative use
DX-5 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The DX-5 is intended to provide for intense mixed use development of the Citysdowntown area
Zone name
Downtown Mixed Use
General category
MIXED_USE
Zone area
28.24 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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
$345,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
RETAIL STORES
$905,000
Current use
COMMERCIAL (GENERAL)
$745,000
Change: -17% · Conversion: Easy
MEDICAL BUILDING
$725,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$241 / 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
$3,128
Tax year 2023
Assessed value
$535,312
Assessed 2023
Previous assessed
$535,312
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$392,492
Assessed improvement
$142,820
Land market value
$392,492
Improvement market value
$142,820
Total market value
$535,312
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1910
Construction
BRICK
Heating
SPACE
Cooling
CENTRAL
Stories
2
Total area
2,304 SF
Lot
0.03 ac (1,307 SF)
Zoning code
DX-5
APN
1703.34-77-1985 0018587
UPID
US53-2210135
Jurisdiction
WAKE
Zoning & alternative use
DX-5 · Raleigh, NCZoning DX-5 · permitted uses
DX-5 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The DX-5 is intended to provide for intense mixed use development of the Citysdowntown area
Zone name
Downtown Mixed Use
General category
MIXED_USE
Zone area
28.24 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$745,000
MEDICAL BUILDING
Est. value
$725,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
1910
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Acmec Holdings LLC
Entity
Free & Clear · 8 yrs held
Mailing address
133 FAYETTEVILLE ST #6, RALEIGH, NC 27601-1356
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2018
—
Acmec Holdings LLC
Dombalis,floye L
Grant Deed
related
—
Jun 15, 2018
$475,000
Acmec Holdings LLC
Dombalis,floye L
Warranty Deed
related
$425,000 · Floye L Dombalis
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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