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Property profile & analytics
OFF-MARKET
Specialty properties
2365 Brown Rd, China Grove, NC 28023-6757
Individually Owned
7-yr Hold
Free & Clear
Property ID
US53-5292970
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1988
Total area
7,617 SF
Lot
3 ac (130,680 SF)
Zoning code
RA
APN
220 055
UPID
US53-5292970
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
-
Ranchside Veterinary Clinic, Inc. Veterinary Clinic
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
Corrie H Connolly · 7 yrs held
Corrie H Connolly
since 2019
7 recorded transactions
Zoning & alternative use
RA · China Grove, 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 China Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs China Grove 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
$3,314
Tax year 2023
Assessed value
$489,107
Assessed 2023
Previous assessed
$382,741
+27.8% YoY
Effective rate
0.68%
On assessed value
Assessed land
$61,100
Assessed improvement
$428,007
Land market value
$61,100
Improvement market value
$428,007
Total market value
$489,107
Applied tax rate
124.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Units
1
Total area
7,617 SF
Lot
3 ac (130,680 SF)
Zoning code
RA
APN
220 055
UPID
US53-5292970
Jurisdiction
ROWAN
Zoning & alternative use
RA · China Grove, NC
Zoning RA · permitted uses
RA · China Grove, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
China Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Stories
1
Units
1
Lot
3 ac
Current owner
From public records · entity-resolved
Corrie H Connolly
Individual
Free & Clear · 7 yrs held
Mailing address
550 MCNEELY RD, MOUNT ULLA, NC 28125-6757
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2019
$300,000
Corrie H Connolly
Allred,melissa & W Gray
Warranty Deed
—
Mar 31, 2017
—
Cherylann L Weaver
Weaver,ernest M
Quit Claim Deed
related
—
Nov 7, 2013
$330,000
Melissa Allred
Haggerty,calvin D
Grant Deed
—
Dec 16, 2008
—
Calvin D Haggerty
Betty Wayne Reid
Warranty Deed
—
Dec 16, 2008
$241,000
Calvin D Haggerty
Reid,betty W
Warranty Deed
—
Dec 12, 2008
$241,000
Calvin D Haggerty
Reid,betty Wayne
Grant Deed
—
Dec 12, 2008
—
Calvin D Haggerty
Reid,betty Wayne
Grant Deed
related
—
—
—
Betty W Reid
—
Deed Of Trust
related
$25,000 · F & M Bank NA
—
—
Calvin D Haggerty
—
Deed Of Trust
related
$192,456 · Myers Park Mortgage INC
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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