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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Retail space
204 5th St Mebane, NC 27302-2520
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0524048
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Total area
33,432 SF
Lot
1.26 ac (54,886 SF)
Zoning code
M 1
APN
168397
UPID
US53-0524048
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
-
Track Side on 5th Barbershop Barber Shop
-
US Server Supply Corp IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Buyback Funders Loan Service Financial Advisor
-
IT Xpress Tech Support Center IT Consulting Firm
-
R S Jones & Associates Mapping Service Land Surveyor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.13M
Owner & transaction history
Carreno Developers LLC · 11 yrs held
Carreno Developers LLC
since 2015
7 recorded transactions
Zoning & alternative use
M 1 · Mebane, 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 Mebane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mebane 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±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
$34 / 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
$8,816
Tax year 2023
Assessed value
$1,099,281
Assessed 2023
Previous assessed
$1,099,281
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$327,750
Assessed improvement
$771,531
Land market value
$327,750
Improvement market value
$771,531
Total market value
$1,099,281
Applied tax rate
14.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1952
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
33,432 SF
Lot
1.26 ac (54,886 SF)
Zoning code
M 1
APN
168397
UPID
US53-0524048
Jurisdiction
ALAMANCE
Zoning & alternative use
M 1 · Mebane, NC
Zoning M 1 · permitted uses
M 1 · Mebane, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mebane. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Heating
YES
Cooling
Yes
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Carreno Developers LLC
Entity
Mailing address
201 N 4TH ST #400, MEBANE, NC 27302-2429
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2022
—
Carreno Developers LLC
—
Deed
related
$400,500 · Spero Financial FCU
Nov 2, 2020
—
Carreno Developers LLC
—
Deed
related
$300,000 · Sc Telco Federal Cu
Apr 23, 2020
—
Carreno Developers LLC
—
Deed Of Trust
related
$1,146,087 · Jesse E Miller
May 12, 2015
$620,000
Carreno Developers LLC
Miller Jesse E
Warranty Deed
$585,000 · Jesse E Miller
May 10, 2012
$245,000
Jesse E Miller
Atlas Nc II Spe LLC
Grant Deed
—
Mar 14, 2012
$344,000
Atlas Nc II Spe LLC
Harrison Elizabeth R
Trustees Deed
—
Jun 18, 2004
$175,000
Carolina Activities INC
White,margaret H
Grant Deed
$157,500 · Margaret H White
—
—
Carreno Developers LLC
—
Deed Of Trust
related
$250,000 · Jesse E Miller
—
—
Carolina Activities INC
—
Deed Of Trust
related
$382,000 · Branch Bk&tr
—
—
Carolina Activities INC
—
Deed Of Trust
related
$701,000 · Branch Bk&tr
—
—
Carreno Developers LLC
—
Deed Of Trust
related
$300,000 · Sc Telco FCU
—
—
Carreno Developers LLC
—
Deed Of Trust
related
$900,000 · Sc Telco FCU
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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