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Property profile & analytics
OFF-MARKET
Estimated value
$6,120,000
Super regional malls
216 Cole Ave Raeford, NC 28376-2548
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-4149964
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1996
Construction
CONCRETE BLOCKS
Total area
76,774 SF
Lot
8.76 ac (381,586 SF)
APN
694241201119
UPID
US53-4149964
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.12M
Owner & transaction history
Savera Investments LLP · 3 yrs held
Savera Investments LLP
since 2022
Last sale
$5.5M
3 recorded transactions
Zoning & alternative use
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 Raeford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raeford 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
$6,635,000
ML approach
$6,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$8,080,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$7,870,000
Change: 0% · Conversion: Moderate
MEDICAL BUILDING
$5,730,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,380,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$6.12M
Range $5.51M – $6.73M · ±10% · vs last sale $5.50M (Nov 2 2020)
Last sale anchor
$5.50M
Nov 2 2020
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
$80 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$35,007
Tax year 2024
Assessed value
$4,848,620
Assessed 2024
Previous assessed
$4,848,620
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$1,762,880
Assessed improvement
$3,085,740
Land market value
$1,762,880
Improvement market value
$3,085,740
Total market value
$4,848,620
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1996
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
CENTRAL
Units
1
Total area
76,774 SF
Lot
8.76 ac (381,586 SF)
APN
694241201119
UPID
US53-4149964
Jurisdiction
HOKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$8.1M
OFFICE BUILDING
Est. value
$7.9M
MEDICAL BUILDING
Est. value
$5.7M
WAREHOUSE, STORAGE
Est. value
$4.4M
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1996
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
Yes
Units
1
Lot
8.76 ac
Current owner
From public records · entity-resolved
Savera Investments LLP
Entity
Free & Clear · 3 yrs held
Mailing address
1685 H ST UNIT #205, BLAINE, WA 98230-5110
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2022
$5,500,000
Savera Investments LLP
One Oak Investment LLC
Warranty Deed
—
Nov 2, 2020
$4,700,000
One Oak Investments LLC
Crayon Raeford Ventures LLC
Special Warranty Deed
$3,520,000 · Farm Bureau Life Insurance Company
Jun 8, 2016
$3,600,000
Crayton Raeford Ventures LLC
Rcg Raeford LLC
Special Warranty Deed
$340,000 · Select Bank & Trust Co
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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