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Property profile & analytics
OFF-MARKET
Office buildings
211 Main St Monroe, NC 28112-5544
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-5794123
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1875
Construction
WOOD
Total area
2,018 SF
Lot
0.18 ac (7,623 SF)
Zoning code
CBD MONROE
APN
09-232-075
UPID
US53-5794123
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
-
Lundell Law Firm Law Firm
-
Peniston Deason Attorneys Law Firm
-
Seegars & Townsend, PLLC Law Firm
-
Cloud Navarro & Williams PLLC Law Firm
-
Eshbach Counseling Services Counselor
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
W3 Resource Management LLC · 4 yrs held
W3 Resource Management LLC
since 2021
Last sale
$240,000
3 recorded transactions
Zoning & alternative use
CBD MONROE · Monroe, NC
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,109
Tax year 2023
Assessed value
$193,400
Assessed 2023
Previous assessed
$180,300
+7.3% YoY
Effective rate
1.09%
On assessed value
Assessed land
$65,600
Assessed improvement
$127,800
Land market value
$65,600
Improvement market value
$127,800
Total market value
$193,400
Applied tax rate
200.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1875
Construction
WOOD
Heating
YES
Stories
2
Total area
2,018 SF
Lot
0.18 ac (7,623 SF)
Zoning code
CBD MONROE
APN
09-232-075
UPID
US53-5794123
Jurisdiction
UNION
Zoning & alternative use
CBD MONROE · Monroe, NCZoning CBD MONROE · permitted uses
CBD MONROE · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
monroe udo
Building & site characteristics
From public records
Year built
1875
Construction
WOOD
Heating
YES
Stories
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
W3 Resource Management LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 1561, MONROE, NC 28111-1561
Ownership since
2021
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
Dec 17, 2021
$240,000
W3 Resource Management LLC
S & P Investment Properties LLC
Warranty Deed
—
Dec 4, 2019
$167,000
Veronica Ferron
Patricia Ferron
Warranty Deed
related
—
Jul 20, 2005
$93,000
S & P Investments Properties LLC
Gilbert Hall Efird III
Warranty Deed
$74,400 · American Community Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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