Entity Owned Property summary
AI-generated overview
The property is a convenience store with a total building area of 3,935 square feet, located on E. Church Street with frontage on a high-traffic roadway and convenient vehicular ingress and egress near I-85. The site benefits from surrounding national retail tenants, and the building is configured for convenience retail operations including a deli department. The store does not include fuel branding or a fuel contract, and lottery-related commissions are part of the historical revenue mix.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1994
Total area
3,935 SF
Lot
0.97 ac (42,253 SF)
Zoning code
MRKT1
APN
131309
UPID
US53-0518358
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Specialty Food Shop Supermarket
-
Gas Station
-
Atm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
$890k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
since 2023
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
MRKT1 · Cherryville, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$835k
Value range
$752k – $919k
±10% around blend
Estimated value / SF
$212 / SF
Confidence
Property data
100
Comparable evidence
60
$752k
blend $835k
$919k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,935 SF
Lot area
0.97 ac
Year built
1994
Stories
1
APN
131309
Zoning
MRKT1
Assessed value
$535,660
Annual tax
$5,780
3
Income approach: direct capitalization
Partial preview
Income approach indication
$890k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$965k
@ 6.5% CAP return
$890k
@ 7% CAP return
$830k
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$835k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
6.90%
Implied, in-place cap rate for this grocery and convenience stores
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.90%
9.0%
NOI (est.)
$77k *
Last sale · Apr 2023
$1.10M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.12M
Move the market yield to see immediate price impact.
Value / SF
$284
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.40%6.90%7.40%
$69k
$1.08M
$1.00M
$936k
$77k
$1.20M
$1.12M
$1.04M
$85k
$1.32M
$1.23M
$1.14M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,780
Tax year 2024
Assessed value
$535,660
Assessed 2024
Previous assessed
$535,660
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$105,630
Assessed improvement
$430,030
Applied tax rate
140.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1994
Heating
HEAT PUMP
Stories
1
Total area
3,935 SF
Lot
0.97 ac (42,253 SF)
Zoning code
MRKT1
APN
131309
UPID
US53-0518358
Jurisdiction
GASTON
Zoning & alternative use
MRKT1 · Cherryville, NCZoning MRKT1 · permitted uses
MRKT1 · Cherryville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1994
Heating
HEAT PUMP
Stories
1
Lot
0.97 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MRKT1
Jurisdiction
Cherryville, NC
Recorded code
MRKT1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MRKT1 in Cherryville, NC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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