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Property profile & analytics
OFF-MARKET
Estimated value
$320,000
Investment properties
200 Main St Holly Springs, NC 27540-7322
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-5749672
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
2,340 SF
Lot
0.23 ac (10,019 SF)
Zoning code
TV
APN
0649.16-92-4764 0053820
UPID
US53-5749672
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
-
Pimiento Tea Room Restaurant
-
Tweaking Relationships Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
$495k
Comparable Approach
Comparable
$428k
Blend (final)
Blend
$320k
Owner & transaction history
Brown Holloway Corp · 7 yrs held
Brown Holloway Corp
since 2019
7 recorded transactions
Zoning & alternative use
TV · Holly Springs, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
UDO FullVersion Sup7
Top alternative use upside
Auto repair, garage
$810,000
+3.8%
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 Holly Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holly Springs 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
$320,000
CAP Approach
CAP Return
Estimation
6%
$540,000
6.5%
$495,000
7%
$460,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$780,000
Current use
AUTO REPAIR, GARAGE
$810,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$760,000
Change: -2% · Conversion: Easy
RETAIL STORES
$740,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$320k
Range $288k – $352k · ±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
$137 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,559
Tax year 2023
Assessed value
$329,977
Assessed 2023
Previous assessed
$329,977
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$100,190
Assessed improvement
$229,787
Land market value
$100,190
Improvement market value
$229,787
Total market value
$329,977
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
6
Bathrooms
2
Total area
2,340 SF
Lot
0.23 ac (10,019 SF)
Zoning code
TV
APN
0649.16-92-4764 0053820
UPID
US53-5749672
Jurisdiction
WAKE
Zoning & alternative use
TV · Holly Springs, NCZoning TV · permitted uses
TV · Holly Springs, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
UDO FullVersion Sup7
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$810,000
MEDICAL BUILDING
Est. value
$760,000
RETAIL STORES
Est. value
$740,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Brown Holloway Corp
Entity
Mailing address
103 MOSS MTN LN, APEX, NC 27539-9029
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
—
Brown Holloway Corporation
—
Deed
related
$485,000 · First Bank
Sep 25, 2019
—
Brown Holloway Corp
—
Deed
related
$965,000 · Atlantic Cap Bk
Feb 22, 2019
$433,500
Brown Holloway Corp
Markham & Wyatt LLC
Warranty Deed
$346,800 · Peoples Bk
Oct 7, 2016
$370,000
Markham & Wyatt LLC
Markham,gary J & Christine K
Warranty Deed
related
$296,000 · Four Oaks Bk&tr
May 7, 2015
$285,000
Gary J Markham
Sand10 Properties LLC
Warranty Deed
$264,000 · Four Oaks Bk&tr
Apr 11, 2006
$270,000
Sand10 Properties INC
Willis,james L & Joyce L
Warranty Deed
$245,000 · James L & Joyce L Willis
—
—
Sand 10 Properties LLC
—
Deed Of Trust
related
$4,279 · Four Oaks Bk&tr
—
—
Sand 10 Properties LLC
—
Deed Of Trust
related
$182,000 · Four Oaks Bk&tr
—
—
Brown Holloway Corp
—
Deed Of Trust
related
$965,000 · Atlantic Cap Bk
—
—
Sand10 Properties LLC
—
Deed Of Trust
related
$800,000 · Four Oaks Bk&tr
—
—
Sand10 Properties INC
—
Deed Of Trust
related
$50,000 · Bank Of Hampton Roads
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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