Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Retail space
207 Main St Rolesville, NC 27571-9300
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US53-0280667
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Construction
METAL FRAME
Total area
10,627 SF
Lot
1.02 ac (44,431 SF)
Zoning code
GI-CZ
APN
1769.17-12-4496 0241767
UPID
US53-0280667
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
-
Southern Trends Homes Construction Company
-
Land Tech Surveyers Land Surveyor
-
Rolesville Barber Shop & Salon Barber Shop
-
Justin Thigpen - State Farm Insurance Agent Insurance Agency
-
Southern Beverage Services Cafe & Coffee Shop Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$1.59M
Owner & transaction history
Formyduval 5 LLC · 15 yrs held
Formyduval 5 LLC
since 2011
6 recorded transactions
Zoning & alternative use
GI-CZ · Rolesville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The General Industrial (GI) zoning district is established as a district in which the principal use of the land is for industries that can be operated in a relatively clean and quiet manner that will not be a nuisance to adjacent residential or commercial districts. The GI district implements the industrial future land use classification by allowing for indu…
Zone name
General Industrial Conditional Zoning
General category
INDUSTRIAL
Zone area
26.22 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 Rolesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rolesville 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
$1.59M
Range $1.43M – $1.75M · ±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
$150 / 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
$12,452
Tax year 2023
Assessed value
$1,114,786
Assessed 2023
Previous assessed
$1,114,786
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$177,724
Assessed improvement
$937,062
Land market value
$177,724
Improvement market value
$937,062
Total market value
$1,114,786
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
Year built
2001
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,627 SF
Lot
1.02 ac (44,431 SF)
Zoning code
GI-CZ
APN
1769.17-12-4496 0241767
UPID
US53-0280667
Jurisdiction
WAKE
Zoning & alternative use
GI-CZ · Rolesville, NCZoning GI-CZ · permitted uses
GI-CZ · Rolesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The General Industrial (GI) zoning district is established as a district in which the principal use of the land is for industries that can be operated in a relatively clean and quiet manner that will not be a nuisance to adjacent residential or commercial districts. The GI district implements the industrial future land use classification by allowing for industrial uses.
Zone name
General Industrial Conditional Zoning
General category
INDUSTRIAL
Zone area
26.22 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2001
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Formyduval 5 LLC
Entity
Mailing address
207 N MAIN ST STE #113, ROLESVILLE, NC 27571-9300
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
Aug 10, 2016
—
Formyduval 5 LLC
—
Trustees Deed
related
$100,000 · Wake Forest Fed'l S&l Assn
May 26, 2011
$750,000
Formyduval 5 LLC
Wake Forest Fedl S & L Assn
Grant Deed
$737,500 · Wake Forest Federal S&l Assn
Sep 2, 2010
$137,719
Wake Forest Fedl Svgs
Anthony,sue
Trustees Deed
related
—
Jan 2, 2007
$750,000
Henry King Construction INC
King,john H JR & Teresa B
Warranty Deed
related
$125,000 · Wake Forest Federal S&l Assn
Apr 4, 2002
—
Max Munichman
Munichman,max
Quit Claim Deed
related
—
Apr 12, 2001
$500,000
Max Munichman
L K Properties L
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 207 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
