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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Commercial real estate
207 Main St, Carrboro, NC 27510-2027
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2370468
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1975
Total area
528 SF
Lot
0.35 ac (15,246 SF)
Zoning code
B1G
APN
9778-76-2335
UPID
US53-2370468
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
-
Gulf Gas Station
-
Carrboro Food Mart Grocery & Convenience Store
-
ATM Atm
-
Bitstop Bitcoin ATM Atm Crypto Atm
-
FIT Carrboro Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$539k
Blend (final)
Blend
$520k
Owner & transaction history
1700 East North Street Rc LLC · 3 yrs held
1700 East North Street Rc LLC
since 2022
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
B1G · Carrboro, 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 Carrboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrboro 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
$540,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $500k (Oct 10 2022)
Last sale anchor
$500k
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
$985 / 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
$7,935
Tax year 2023
Assessed value
$448,400
Assessed 2023
Previous assessed
$448,400
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$404,500
Assessed improvement
$43,900
Land market value
$404,500
Improvement market value
$43,900
Total market value
$448,400
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
1975
Heating
YES
Stories
1
Total area
528 SF
Lot
0.35 ac (15,246 SF)
Zoning code
B1G
APN
9778-76-2335
UPID
US53-2370468
Jurisdiction
ORANGE
Zoning & alternative use
B1G · Carrboro, NC
Zoning B1G · permitted uses
B1G · Carrboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carrboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
YES
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
1700 East North Street Rc LLC
Entity
Mailing address
7 S LAURENS ST STE #300, GREENVILLE, SC 29601-4853
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2022
$500,000
1700 East North Street Rc LLC
Ace Energy Corporation
Special Warranty Deed
$509,598 · Ameris Bank
Oct 23, 2014
—
Ace Energy Corp
—
Loan Modification
related
$20,000,000 · Bank Of America
Nov 9, 2010
$725,000
Ace Energy Corp
Enigma Corp
Warranty Deed
—
Sep 8, 2010
—
Enigma Corp
—
Grant Deed
related
$54,955,542 · Bank Of America
Jul 20, 2005
—
Enigma Corp
—
Deed Of Trust
related
$50,100,000 · Bank Of America
—
—
Ace Energy Corp
—
Deed Of Trust
related
$2,000,000 · Bank Of America/il
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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