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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Office buildings
215 Main St, Davidson, NC 28036
Individually Owned
Absentee Owner
Free & Clear
Property ID
US53-1486123
Property summary
AI-generated overview
This exceptional Class B executive office condo, located at 215 S Main St in Davidson, NC, presents a unique investment opportunity. Priced at $595,000, this 818 square foot space boasts a high-end interior design throughout, recently remodeled to perfection. The property features approximately 612 usable square feet, complemented by a stunning kitchenette complete with a glass backsplash and Silestone countertops. The layout includes two private offices, a dedicated conference room, and a welcoming reception area. Adding to its convenience, the condo includes two reserved covered parking spaces. Situated in Mecklenburg County, zip code 28036, this property offers a prime location in the thriving Davidson market. The combination of its luxurious finishes, functional design, and convenient amenities makes this an ideal space for discerning professionals seeking a sophisticated and efficient workspace. This is a rare opportunity to acquire a move-in ready executive office condo in a highly desirable location. The property is categorized as Office and Land.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1930
Total area
4,428 SF
Lot
0.3 ac (12,879 SF)
Zoning code
VE
APN
325605
UPID
US53-1486123
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
-
Ship Ogre Logistics Company Freight Service
-
Flatiron Kitchen + Taphouse Restaurant
-
Davidson Accounting Company LLC Tax Preparation
-
Brett Shore Counselor
-
ROBERT PETER GOSSETT Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.23M
Owner & transaction history
Jacob Nicolas Robinson
Jacob Nicolas Robinson
since 2025
7 recorded transactions
Zoning & alternative use
VE · Davidson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+8.6%
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 Davidson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davidson 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%
$1,380,000
6.5%
$1,275,000
7%
$1,185,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,475,000
Current use
MEDICAL BUILDING
$1,600,000
Change: +9% · Conversion: Easy
RETAIL STORES
$1,405,000
Change: -5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,280,000
Change: -13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,215,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±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
$277 / 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
$8,686
Tax year 2023
Assessed value
$1,175,200
Assessed 2024
Effective rate
0.74%
On assessed value
Assessed land
$809,600
Assessed improvement
$365,600
Land market value
$809,600
Improvement market value
$365,600
Total market value
$1,175,200
Applied tax rate
3.0000
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
1930
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Total area
4,428 SF
Lot
0.3 ac (12,879 SF)
Zoning code
VE
APN
325605
UPID
US53-1486123
Jurisdiction
MECKLENBURG
Zoning & alternative use
VE · Davidson, NC
Zoning VE · permitted uses
VE · Davidson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davidson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1930
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Jacob Nicolas Robinson
Individual
Free & Clear · 0 yrs held
Mailing address
209 RDG RD #5000, DAVIDSON, NC 28036-0407
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2025
$64,000
Jacob Nicolas Robinson
The Elizabeth Company LLC
Special Warranty Deed
—
Sep 30, 2025
—
220 South Main LLC
—
Deed
related
$925,000 · Blueharbor Bank
Sep 18, 2025
—
215 South Main Street LLC
Surratt Leasing LLC
Warranty Deed
—
Aug 12, 2025
$482,000
Property Group LLC
Sungold Holdings LLC
Warranty Deed
$374,850 · First Citizens Bank & Trust Co
May 16, 2025
—
Make An Impact Holdings LLC
—
Deed
related
$1,275,000 · The Fidelity Bank
Apr 30, 2024
$429,000
Mauka Holdings LLC
Summit Coffee Holdings LLC
Special Warranty Deed
$364,650 · The Fidelity Bank
Apr 17, 2024
—
Lkn Rental LLC
Michael D Osborne
Warranty Deed
—
Mar 6, 2024
$152,000
Stewardship Holdings LLC
Surratt Leasing LLC
Warranty Deed
$129,200 · First Citizens Bank & Trust Co
Nov 15, 2023
—
Sotile Real Estate LLC
—
Deed
related
$200,000 · Blueharbor Bank
Jun 10, 2022
$300,000
Sungold Holdings LLC
Oyster Holdings LLC
Warranty Deed
—
Sep 30, 2021
$275,000
Oyster Holdings LLC
The Stewart Group Davidson LLC
Warranty Deed
$216,750 · United Community Bank
Jun 30, 2021
$240,000
Summit Coffee Holdings LLC
The Elizabeth Company LLC
Special Warranty Deed
$192,000 · Pinncacle Bank
May 11, 2021
$300,000
Ardor Ltd LLC
The Elizabeth Company LLC
Special Warranty Deed
$432,000 · Dogwood State Bank
Dec 1, 2020
$717,000
Michael Osborne
The Elizabeth Company LLC
Special Warranty Deed
$275,000 · First National Bank Of Pennsylvania
Oct 1, 2020
$910,500
Make An Impact Holdings LLC
Elizabeth Co LLC
Warranty Deed
—
Oct 1, 2020
—
Quest M & A INC
—
Deed
related
$670,000 · First Nat'l Bk/penn
Dec 20, 2019
$1,184,000
Finch S Landing LLC
The Elizabeth Company LLC
Special Warranty Deed
$883,760 · First Citizens Bank & Trust Co
Oct 19, 2017
—
Surratt Leasing LLC
—
Deed
related
$930,000 · First Citizens Bk
Aug 30, 2017
—
220 South Main LLC
—
Deed
related
$225,000 · Blueharbor 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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