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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
200 Main St, Broadway, NC 27505
Entity Owned
Free & Clear
Property ID
US53-2910988
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1971
Total area
2,560 SF
Lot
0.9 ac (39,204 SF)
Zoning code
HIGHWAY COMMERCIAL
APN
9682-33-0230-00
UPID
US53-2910988
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
-
WE-DU Vapes (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Broadway Realty Real Estate Agency
-
Down Home Real Estate Group, LLC Real Estate Agency
-
Krystle Townes, REALTOR at Down Home Real Estate Group Real Estate Agency
-
Circle K Grocery & Convenience Store
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
WORNOM & PERKINS LLC
WORNOM & PERKINS LLC
Zoning & alternative use
HIGHWAY COMMERCIAL · Broadway, 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 Broadway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broadway 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
Assessed value
$244,900
Assessed 2024
Previous assessed
$244,900
+0.0% YoY
Assessed land
$70,600
Assessed improvement
$174,300
Land market value
$70,600
Improvement market value
$174,300
Total market value
$244,900
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
1971
Heating
YES
Cooling
NONE
Stories
1
Total area
2,560 SF
Lot
0.9 ac (39,204 SF)
Zoning code
HIGHWAY COMMERCIAL
APN
9682-33-0230-00
UPID
US53-2910988
Jurisdiction
LEE
Zoning & alternative use
HIGHWAY COMMERCIAL · Broadway, NC
Zoning HIGHWAY COMMERCIAL · permitted uses
HIGHWAY COMMERCIAL · Broadway, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broadway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
YES
Cooling
Yes
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
WORNOM & PERKINS LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 525, SANFORD, NC 27331-0525
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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