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Property profile & analytics
OFF-MARKET
Retail space
203 Academy St Robersonville, NC 27871
Individually Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-4097008
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.12 ac (5,322 SF)
Zoning code
HC
APN
701623
UPID
US53-4097008
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
Linwood W Rhodes JR · 9 yrs held
Linwood W Rhodes JR
since 2017
1 recorded transaction
Zoning & alternative use
HC · Robersonville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This HC Highway Commercial District is intended for the use of those businesses and other uses which are properly and necessarily located along major highways and which cater to the needs of the traveling public
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
128.50 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 Robersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Robersonville 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
$812
Tax year 2024
Assessed value
$40,850
Assessed 2024
Previous assessed
$40,850
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$8,820
Assessed improvement
$32,030
Land market value
$8,820
Improvement market value
$32,030
Total market value
$40,850
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Lot
0.12 ac (5,322 SF)
Zoning code
HC
APN
701623
UPID
US53-4097008
Jurisdiction
MARTIN
Zoning & alternative use
HC · Robersonville, NCZoning HC · permitted uses
HC · Robersonville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This HC Highway Commercial District is intended for the use of those businesses and other uses which are properly and necessarily located along major highways and which cater to the needs of the traveling public
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
128.50 ac
Source
Realmo
Building & site characteristics
From public records
Lot
0.12 ac
Current owner
From public records · entity-resolved
Linwood W Rhodes JR
Individual
Free & Clear · 9 yrs held
Mailing address
415 NC HWY 903RD N, GREENVILLE, NC 27834-0331
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2017
$30,000
Linwood W Rhodes JR
Rkw Properties LLC
Warranty 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.
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