Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Strip malls
1301 Scotland Xing Dr Laurinburg, NC 28352-5414
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-2999486
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
STEEL FRAME
Total area
34,184 SF
Lot
7.7 ac (335,412 SF)
Zoning code
GB
APN
010020A01007
UPID
US53-2999486
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
-
Coinstar Kiosk - Bitcoin ATM Atm Currency Exchange Service
-
Western Union Bank Credit Union
-
Food Lion Grocery & Convenience Store Food Market
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$915k
Owner & transaction history
Burke S Outlet Stores LLC · 2 yrs held
Burke S Outlet Stores LLC
since 2024
7 recorded transactions
Zoning & alternative use
GB · Laurinburg, 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 Laurinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurinburg 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
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,440,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,085,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$27 / 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
$2,659,650
Assessed 2024
Previous assessed
$2,659,650
+0.0% YoY
Assessed land
$924,000
Assessed improvement
$1,735,650
Total market value
$2,659,650
Applied tax rate
1.0000
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
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
4
Stories
1
Bathrooms
0
Total area
34,184 SF
Lot
7.7 ac (335,412 SF)
Zoning code
GB
APN
010020A01007
UPID
US53-2999486
Jurisdiction
SCOTLAND
Zoning & alternative use
GB · Laurinburg, NC
Zoning GB · permitted uses
GB · Laurinburg, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Laurinburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
0
Lot
7.7 ac
Current owner
From public records · entity-resolved
Burke S Outlet Stores LLC
Entity
Free & Clear · 2 yrs held
Mailing address
700 13TH AVE, BRADENTON, FL 34208-2624
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2024
—
Burke S Outlet Stores LLC
Scotland Crossing Investors LLC
Lease
—
Apr 17, 2023
—
Mcalister Court LLC
—
Deed
related
$1,200,000 · South State Bank NA
Dec 30, 2021
$7,825,000
Mcalister Court LLC
Scotland Crossing Investors LLC
Special Warranty Deed
—
Apr 3, 2019
—
Scotland Crossing Investors LLC
—
Deed
related
$4,750,000 · Standard Insurance Co
Jan 11, 2016
—
Dolgencorp LLC
1301 Scotland Crossing Drive Holdin
Lease
—
Dec 29, 2015
$4,500,000
Scotland Crossing Investors LLC
1301 Scotland Crossing Drive Holdin
Limited Warranty Deed
$3,000,000 · Mar Lender LLC
Sep 3, 2010
$5,800,000
1301 Scotland Crossing Drive Holdin
Glenbend LLC
Trustees Deed
related
—
Aug 18, 2006
—
Glenbend LLC
Glenbush Pass LLC
Special Warranty Deed
$10,300,000 · Cibc INC
Mar 30, 2005
$8,930,000
Glenbush Pass LLC
Scotland Crossing Laurinburg LLC
Special Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1301 Scotland Xing Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
