New search
Property profile & analytics
OFF-MARKET
Commercial real estate
201 Main St, Monroe, NC 28112-5544
Entity Owned
7-yr Hold
Free & Clear
Property ID
US53-1154334
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Total area
1,080 SF
Lot
0.14 ac (6,055 SF)
Zoning code
CBD MONROE
APN
09-232-074
UPID
US53-1154334
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
-
Union Symphony Orchestras Theater & Performing Art Venue Music Venue
-
WDZD 99.1 FM Radio Station Telecommunications Service
-
Richardson Tucker Law Firm / Althea F Richardson Attorney at Law Law Firm
-
Raymond James & Associates Financial Advisor
-
R.W. Price & Associates Real Estate Agency
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
Mahogany Creek Holdings LLC · 7 yrs held
Mahogany Creek Holdings LLC
since 2019
3 recorded transactions
Zoning & alternative use
CBD MONROE · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$1,109
Tax year 2023
Assessed value
$101,700
Assessed 2023
Previous assessed
$101,700
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$62,600
Assessed improvement
$39,100
Land market value
$62,600
Improvement market value
$39,100
Total market value
$101,700
Applied tax rate
200.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1960
Heating
YES
Stories
1
Total area
1,080 SF
Lot
0.14 ac (6,055 SF)
Zoning code
CBD MONROE
APN
09-232-074
UPID
US53-1154334
Jurisdiction
UNION
Zoning & alternative use
CBD MONROE · Monroe, NC
Zoning CBD MONROE · permitted uses
CBD MONROE · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
YES
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Mahogany Creek Holdings LLC
Entity
Free & Clear · 7 yrs held
Mailing address
657 ANN CARSON CT, ROCK HILL, SC 29732-8366
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2019
$25,500
Mahogany Creek Holdings LLC
Beaty Living Trust
Warranty Deed
—
Feb 24, 2005
—
Beaty Trust
Beaty,linda S
Quit Claim Deed
related
—
Mar 8, 2001
$83,000
Linda S Beaty
Efird,gilbert H
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 201 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
