Back to Search
Property profile & analytics
OFF-MARKET
Retail space
138 Mdw Sweet Ln Dobson, NC 27017-8667
Individually Owned
7-yr Hold
Free & Clear
Property ID
US53-4523797
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Total area
320 SF
Lot
8.63 ac (375,923 SF)
Zoning code
RA
APN
4948-00-44-6128
UPID
US53-4523797
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
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
Ronald D Payne · 7 yrs held
Ronald D Payne
since 2019
1 recorded transaction
Zoning & alternative use
RA · Dobson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the R-A Residential-Agricultural District is to maintain a rural development pattern in the extraterritorial jurisdiction (ETJ) area where single-family housing will be separated from one another by open field or wooded areas. The impact of one homeowner's activities on his neighbor will be less than if the property owners were located side by…
Zone name
Residential Agricultural
General category
INDUSTRIAL
Zone area
2,877.48 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 Dobson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dobson 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
$430
Tax year 2024
Assessed value
$55,060
Assessed 2024
Previous assessed
$55,060
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$31,810
Assessed improvement
$23,250
Land market value
$31,810
Improvement market value
$23,250
Total market value
$55,060
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Heating
NONE
Cooling
NONE
Stories
1
Total area
320 SF
Lot
8.63 ac (375,923 SF)
Zoning code
RA
APN
4948-00-44-6128
UPID
US53-4523797
Jurisdiction
SURRY
Zoning & alternative use
RA · Dobson, NCZoning RA · permitted uses
RA · Dobson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the R-A Residential-Agricultural District is to maintain a rural development pattern in the extraterritorial jurisdiction (ETJ) area where single-family housing will be separated from one another by open field or wooded areas. The impact of one homeowner's activities on his neighbor will be less than if the property owners were located side by side in a subdivision. Consequently, the property owner may have more freedom to use his land as he sees fit. However, it is clearly the intent to exclude commercial or industrial uses that will infringe on agricultural and residential use of the area
Zone name
Residential Agricultural
General category
INDUSTRIAL
Zone area
2,877.48 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Cooling
Yes
Stories
1
Lot
8.63 ac
Current owner
From public records · entity-resolved
Ronald D Payne
Individual
Free & Clear · 7 yrs held
Mailing address
PO BOX 742, DOBSON, NC 27017-0742
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2019
$50,000
Ronald D Payne
James H Wood
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 138 Mdw Sweet Ln?
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.
