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Property profile & analytics
OFF-MARKET
Turn key restaurants
136 Un St, Morganton, NC 28655-3460
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0825656
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1910
Construction
WOOD FRAME
Total area
2,798 SF
Lot
0.03 ac (1,307 SF)
Zoning code
CENTRAL BUSINESS DIST
APN
4408
UPID
US53-0825656
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
-
Grind Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Holcombe,fred & Janet Liv Trust · 7 yrs held
Holcombe,fred & Janet Liv Trust
since 2018
5 recorded transactions
Zoning & alternative use
CENTRAL BUSINESS DIST · Morganton, 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 Morganton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morganton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,938
Tax year 2024
Assessed value
$346,050
Assessed 2024
Previous assessed
$346,050
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$15,480
Assessed improvement
$330,570
Land market value
$15,480
Improvement market value
$330,570
Total market value
$346,050
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1910
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,798 SF
Lot
0.03 ac (1,307 SF)
Zoning code
CENTRAL BUSINESS DIST
APN
4408
UPID
US53-0825656
Jurisdiction
BURKE
Zoning & alternative use
CENTRAL BUSINESS DIST · Morganton, NC
Zoning CENTRAL BUSINESS DIST · permitted uses
CENTRAL BUSINESS DIST · Morganton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morganton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Holcombe,fred & Janet Liv Trust
Trust
Mailing address
405 FARMINGTON WOODS DR, CARY, NC 27511-5642
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2018
—
Holcombe,fred & Janet Liv Trust
Holcombe,fred E II & Janet H
Quit Claim Deed
related
—
Dec 8, 2010
—
Strike Properties LLC
Hunting Creek Associates LLC
Grant Deed
related
—
Nov 24, 2010
—
Stricker Properties LLC
Hunting,creek Associates L
Grant Deed
related
—
Jun 13, 2006
$101,600
Hunting Creek Assocs
Owner Name Unavailable
Grant Deed
related
—
—
—
Striker Properties LLC
—
Deed Of Trust
related
$6,900,000 · Asheville Svgs Bk
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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