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Property profile & analytics
OFF-MARKET
Office Spaces
199 Main St Rutherfordton, NC 28139-2501
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-5663352
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1916
Total area
4,704 SF
Lot
0.07 ac (3,049 SF)
Zoning code
MS
APN
1209730
UPID
US53-5663352
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
Loyce R Snider · 2 yrs held
Loyce R Snider
since 2024
Last sale
$270,000
7 recorded transactions
Zoning & alternative use
MS · Rutherfordton, 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 Rutherfordton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rutherfordton 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,681
Tax year 2021
Assessed value
$149,300
Assessed 2023
Previous assessed
$149,300
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$27,400
Assessed improvement
$121,900
Land market value
$27,400
Improvement market value
$121,900
Total market value
$149,300
Applied tax rate
12.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1916
Heating
FORCED AIR
Cooling
PARTIAL
Stories
2
Bathrooms
1
Total area
4,704 SF
Lot
0.07 ac (3,049 SF)
Zoning code
MS
APN
1209730
UPID
US53-5663352
Jurisdiction
RUTHERFORD
Zoning & alternative use
MS · Rutherfordton, NC
Zoning MS · permitted uses
MS · Rutherfordton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rutherfordton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1916
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Loyce R Snider
Individual
Mailing address
518 SHEPHERDS CRK CIR, RUTHERFORDTON, NC 28139-7857
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2024
$270,000
Loyce R Snider
J C Fischer
Warranty Deed
$220,000 · Rutherfordton Commercial Building T
Nov 16, 2012
—
Rutherfordton,coml Buildin Trust
Mitchell,andrew
Grant Deed
—
Oct 3, 2012
$118,100
Andrew Mitchell
199 North Main Street LLC
Warranty Deed
—
Sep 5, 2012
$118,000
Self Directed Ira Cama
199 North Main Street LLC
Grant Deed
—
May 16, 2012
—
Fischer,b E Tr
Cama,self D
Grant Deed
related
—
Jun 20, 2007
$144,000
Keith Schoenfeldt
Hunter,michael J & Robin H
Warranty Deed
—
Jun 20, 2007
—
Michael J Hunter
Gilling,ashley R & Sarah H
Warranty Deed
related
—
Oct 3, 2006
$200,000
Elegant Entrance LLC
Cantrell W E Living Trust
Warranty Deed
$99,000 · Fidelity Financial Trust (tr)
—
—
William E Cantrell
—
Deed Of Trust
related
$146,588 · First National Bank
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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