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Property profile & analytics
OFF-MARKET
Strip malls
206 Ellis Ave Dunn, NC 28334-3807
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0883494
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,073 SF
Lot
0.06 ac (2,614 SF)
Zoning code
OI
APN
2151607100011
UPID
US53-0883494
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
-
Salon 206 Hair Salon Nail Salon
-
Lynn Wallace Stylist at Salon 206 Hair Salon
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
Dillon Tart Rentals LLC · 9 yrs held
Dillon Tart Rentals LLC
since 2016
3 recorded transactions
Zoning & alternative use
OI · Dunn, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Banks and credit unions. Churches. Governmental building and uses. Medical offices and clinics. Professional medical complex. Child care center for use of employees and not the general public.
Zone name
Office And Institutional District
General category
CIVIC_INSTITUTIONAL
Zone area
317.01 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 Dunn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunn 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
$854
Tax year 2024
Assessed value
$48,392
Assessed 2024
Previous assessed
$48,392
+0.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$7,450
Improvement market value
$40,942
Total market value
$48,392
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
1,073 SF
Lot
0.06 ac (2,614 SF)
Zoning code
OI
APN
2151607100011
UPID
US53-0883494
Jurisdiction
HARNETT
Zoning & alternative use
OI · Dunn, NCZoning OI · permitted uses
OI · Dunn, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Banks and credit unions. Churches. Governmental building and uses. Medical offices and clinics. Professional medical complex. Child care center for use of employees and not the general public.
Zone name
Office And Institutional District
General category
CIVIC_INSTITUTIONAL
Zone area
317.01 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Dillon Tart Rentals LLC
Entity
Free & Clear · 9 yrs held
Mailing address
409 S CLINTON AVE, DUNN, NC 28334-5345
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Oct 18, 2024
—
Alejandrina Nunez Lidabel
—
Deed
related
$250,505 · Alcova Mortgage LLC
Dec 29, 2016
—
Dillon Tart Rentals LLC
Tart Rufus D Trust
Quit Claim Deed
related
—
Sep 28, 2011
—
Tart Rufus D Trust
Tart Rufus D
Quit Claim 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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