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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Investment properties
205 Main St, Holly Springs, NC 27540-9095
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1389047
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1880
Construction
FRAME
Total area
1,312 SF
Lot
0.25 ac (10,890 SF)
Zoning code
TV
APN
0649.20-91-4391 0077380
UPID
US53-1389047
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
-
Our Moments In Time Cafe & Coffee Shop
-
FRESH. Local Ice Cream Grocery & Convenience Store Specialty Food Shop
-
Weiss Choice Realty @ eXp Realty Holly Springs Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
Hillman Holdings LLC · 3 yrs held
Hillman Holdings LLC
since 2022
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
TV · Holly Springs, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$725,000
+65.7%
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
$1,045,000
ML approach
$1,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$725,000
Change: +66% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $900k (Oct 10 2022)
Last sale anchor
$900k
Oct 10 2022
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
$736 / 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
$2,546
Tax year 2023
Assessed value
$236,088
Assessed 2023
Previous assessed
$236,088
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$108,900
Assessed improvement
$127,188
Land market value
$108,900
Improvement market value
$127,188
Total market value
$236,088
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
1880
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
1,312 SF
Lot
0.25 ac (10,890 SF)
Zoning code
TV
APN
0649.20-91-4391 0077380
UPID
US53-1389047
Jurisdiction
WAKE
Zoning & alternative use
TV · Holly Springs, NC
Zoning 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
Holly Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
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
1880
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Hillman Holdings LLC
Entity
Mailing address
2053 PO BOX 4963RD DR, CARY, NC 27519-4963
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2022
$900,000
Hillman Holdings LLC
Outside In Homes LLC
Warranty Deed
$765,000 · Southern First Bank NA
Oct 8, 2021
$130,000
Outside In Homes LLC
Jason Brown
Warranty Deed
$129,781 · John Brown Etal
Jun 20, 2016
$100,000
Jason Brown
Williams,jack D & Angie M
Warranty Deed
—
Nov 19, 2002
$87,000
Jack D Williams
Williams,jack D
Grant 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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