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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Grocery and convenience stores
1305 5th St Mebane, NC 27302-9181
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0758581
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1993
Total area
5,196 SF
Lot
1.87 ac (81,457 SF)
APN
163592
UPID
US53-0758581
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
-
Burger King Restaurant
-
Gas Station Gas Station
-
Marathon Gas Station
-
Goodman Portable Potty Rental Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$565k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
Burger King Company LLC · 3 yrs held
Burger King Company LLC
since 2022
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$725,000
+251.1%
Commercial (general)
$710,000
+243.5%
Restaurant
$610,000
+194.3%
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 Mebane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mebane 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%
$615,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$725,000
Change: +251% · Conversion: Moderate
COMMERCIAL (GENERAL)
$710,000
Change: +243% · Conversion: Easy
RESTAURANT
$610,000
Change: +194% · Conversion: Difficult
AUTO REPAIR, GARAGE
$560,000
Change: +172% · Conversion: Difficult
RETAIL STORES
$455,000
Change: +121% · Conversion: Easy
MEDICAL BUILDING
$355,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$108 / 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
$14,869
Tax year 2023
Assessed value
$1,854,036
Assessed 2023
Previous assessed
$1,854,036
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$308,543
Assessed improvement
$1,545,493
Land market value
$308,543
Improvement market value
$1,545,493
Total market value
$1,854,036
Applied tax rate
14.0000
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
1993
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
5,196 SF
Lot
1.87 ac (81,457 SF)
APN
163592
UPID
US53-0758581
Jurisdiction
ALAMANCE
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
OFFICE BUILDING
Est. value
$725,000
COMMERCIAL (GENERAL)
Est. value
$710,000
RESTAURANT
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$560,000
RETAIL STORES
Est. value
$455,000
MEDICAL BUILDING
Est. value
$355,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1993
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
1.87 ac
Current owner
From public records · entity-resolved
Burger King Company LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5707 WATERFORD DISTRICT DR, MIAMI, FL 33126-2015
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2022
—
Burger King Company LLC
Burger King Corporation
Assignment Of Lease (leasehold Sale)
—
May 22, 2014
—
Spirit Bk Smf Spe LLC
Spirit Master Funding III LLC
Quit Claim Deed
$1,210,000 · Spirit Realty LP
Oct 6, 2006
$1,534,000
Spirit Master Funding III LLC
Ge Cap Franchise Finance Corp
Grant Deed
$478,631 · Citicorp Svgs/fl
—
—
Broomer,robert W & Valerie J
—
Deed Of Trust
related
$26,000 · Ditech.com
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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