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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1698 Us 29th Business Reidsville, NC 27320-8219
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0758270
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1969
Total area
1,202 SF
Lot
0.14 ac (6,000 SF)
Zoning code
HWY COMM COUNTY
APN
8902-00-49-0259-00
UPID
US53-0758270
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
B & S 2021 LLC · 2 yrs held
B & S 2021 LLC
since 2023
Last sale
$70,000
5 recorded transactions
Zoning & alternative use
HWY COMM COUNTY · Reidsville, 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 Reidsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reidsville 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 2023Property tax & assessments
Tax year 2023
Tax billed
$458
Tax year 2023
Assessed value
$56,862
Assessed 2023
Previous assessed
$56,862
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$9,000
Assessed improvement
$47,862
Land market value
$9,000
Improvement market value
$47,862
Total market value
$56,862
Applied tax rate
119.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1969
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
1,202 SF
Lot
0.14 ac (6,000 SF)
Zoning code
HWY COMM COUNTY
APN
8902-00-49-0259-00
UPID
US53-0758270
Jurisdiction
ROCKINGHAM
Zoning & alternative use
HWY COMM COUNTY · Reidsville, NC
Zoning HWY COMM COUNTY · permitted uses
HWY COMM COUNTY · Reidsville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reidsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
B & S 2021 LLC
Entity
Mailing address
1404 FWY DR, REIDSVILLE, NC 27320-6035
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Aug 10, 2023
$70,000
B & S 2021 LLC
Ricky Wayne Loye
Warranty Deed
$70,000 · Ricky Loye
Jul 27, 2010
$78,000
Ricky W Loye
Branch Bkng & Trust Co
Grant Deed
—
Jun 9, 2010
$78,000
Branch Bkng & Trust Co
Brannan W Scott
Trustees Deed
related
—
Jul 16, 2007
—
Myeong O Sheard
—
Trustees Deed
related
$90,000 · Helen Yoo
—
—
Ricky W Loye
—
Deed Of Trust
related
$147,250 · Richard A Cresenzo
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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