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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Turn key restaurants
1467 Main St Mt Pleasant, NC 28124
Entity Owned
9-yr Hold
Free & Clear
Property ID
US53-4728119
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1913
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,852 SF
Lot
0.45 ac (19,558 SF)
Zoning code
CC
APN
5670 23 3207
UPID
US53-4728119
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
-
Old Well Brewery Production Facility Brewery & Distillery
-
73 & Main Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$772k
Blend (final)
Blend
$815k
Owner & transaction history
Mt Pleasant Properties LLC · 9 yrs held
Mt Pleasant Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
CC · Mt Pleasant, 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 Mt Pleasant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mt Pleasant 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$55 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$8,855
Tax year 2024
Assessed value
$916,670
Assessed 2024
Previous assessed
$594,460
+54.2% YoY
Effective rate
0.97%
On assessed value
Assessed land
$244,480
Assessed improvement
$672,190
Land market value
$244,480
Improvement market value
$672,190
Total market value
$916,670
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1913
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
14,852 SF
Lot
0.45 ac (19,558 SF)
Zoning code
CC
APN
5670 23 3207
UPID
US53-4728119
Jurisdiction
CABARRUS
Zoning & alternative use
CC · Mt Pleasant, NCZoning CC · permitted uses
CC · Mt Pleasant, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1913
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Mt Pleasant Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 1027, MT PLEASANT, NC 28124-1027
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2018
—
Mt Pleasant Properties LLC
—
Deed
related
$300,000 · Uwharrie Bk
Oct 26, 2017
—
Mt Pleasant Properties LLC
—
Correction Deed
related
$500,000 · Uwharrie Bk
Oct 20, 2017
—
Mt Pleasant Properties LLC
—
Trustees Deed
related
$500,000 · Uwharrie Bk
Jul 7, 2017
$50,000
Mt Pleasant Properties LLC
Town Of Mount Pleasant
Grant Deed
—
Mar 8, 2016
—
Town Of Mount Pleasant
Mphp LLC
Grant Deed
related
—
Jul 10, 2009
—
Mphp LLC
Hayes,robert C & Barbara W
Grant Deed
—
—
—
Mt Pleasant Properties LLC
—
Deed Of Trust
related
$300,000 · Uwharrie 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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