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Property profile & analytics
OFF-MARKET
Retail space
2002 Emmanuel Church Rd Conover, NC 28613-7302
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-5376407
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Construction
WOOD
Total area
1,756 SF
Lot
0.46 ac (20,038 SF)
Zoning code
B-1
APN
3751-13-14-4090
UPID
US53-5376407
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
-
Churrería Los Dorados Restaurant
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
Churreria Los Dorados LLC · 2 yrs held
Churreria Los Dorados LLC
since 2024
Last sale
$105,000
7 recorded transactions
Zoning & alternative use
B-1 · Conover, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended for the use of those businesses and other uses which are normally and necessarily located near residential areas and which cater to the everyday needs of the local residential area.
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
20.50 ac
Source
Realmo
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 Conover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conover 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 2024Property tax & assessments
Tax year 2024
Tax billed
$852
Tax year 2024
Assessed value
$107,400
Assessed 2024
Previous assessed
$107,400
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$24,000
Assessed improvement
$83,400
Land market value
$24,000
Improvement market value
$83,400
Total market value
$107,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,756 SF
Lot
0.46 ac (20,038 SF)
Zoning code
B-1
APN
3751-13-14-4090
UPID
US53-5376407
Jurisdiction
CATAWBA
Zoning & alternative use
B-1 · Conover, NCZoning B-1 · permitted uses
B-1 · Conover, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended for the use of those businesses and other uses which are normally and necessarily located near residential areas and which cater to the everyday needs of the local residential area.
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
20.50 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Churreria Los Dorados LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2002 EMMANUEL CHURCH RD, CONOVER, NC 28613-7302
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2024
$105,000
Churreria Los Dorados LLC
New Vision Trust
Warranty Deed
—
Jun 20, 2019
$62,500
New,vision Trust
Ryan,james D
Warranty Deed
—
May 9, 2019
$71,500
James D Ryan
Dealy Dallies INC
Warranty Deed
—
May 3, 2017
$125,000
Dealy Dallies INC
Touch N Cotton INC
Warranty Deed
$90,000 · Private Individual
Jun 16, 2011
$86,500
Touch-n-cotton INC
Wheeler,frances L & Robert R
Warranty Deed
—
Jul 17, 2007
$200,000
Frances L Wheeler
Martin,gene H & Rosanne B
Warranty Deed
$99,000 · Gene H & Rosanne B Martin
Jul 10, 2007
$200,000
Frances L Wheeler
Martin,gene H
Grant Deed
$99,000 · Martin Gene H
Nov 21, 2005
—
Gene H Martin
Martin,gene H & Rosanne B
Quit Claim Deed
related
—
Oct 21, 2005
$50,000
Gene H Martin
Branch Banking & Trust
Grant Deed
—
Jan 25, 2005
$46,400
Branch Banking & Trust Co
Mcintosh,kevin C
Trustees Deed
related
—
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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