New search
Property profile & analytics
OFF-MARKET
Commercial real estate
2509 Old Monroe Rd, Stallings, NC 28104-9730
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US53-0155281
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1956
Construction
WOOD
Total area
2,586 SF
Lot
0.46 ac (20,038 SF)
Zoning code
OLR STALLINGS
APN
07-126-002A
UPID
US53-0155281
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
F & B LLC · 15 yrs held
F & B LLC
since 2010
7 recorded transactions
Zoning & alternative use
OLR STALLINGS · Stallings, 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 Stallings submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stallings 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
$1,550
Tax year 2023
Assessed value
$180,400
Assessed 2023
Previous assessed
$180,400
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$80,500
Assessed improvement
$99,900
Land market value
$80,500
Improvement market value
$99,900
Total market value
$180,400
Applied tax rate
720.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Units
1
Rooms
5
Bathrooms
1
Total area
2,586 SF
Lot
0.46 ac (20,038 SF)
Zoning code
OLR STALLINGS
APN
07-126-002A
UPID
US53-0155281
Jurisdiction
UNION
Zoning & alternative use
OLR STALLINGS · Stallings, NC
Zoning OLR STALLINGS · permitted uses
OLR STALLINGS · Stallings, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stallings. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
1
Rooms
5
Bathrooms
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
F & B LLC
Entity
Mailing address
PO BOX 2895, MATTHEWS, NC 28106-2895
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2020
—
F & B LLC
—
Deed
related
$150,000 · Uwharrie Bk
May 29, 2018
—
F & B LLC
—
Deed
related
—
Sep 17, 2010
$240,000
F & B LLC
Carolina First Bank
Special Warranty Deed
$230,000 · Wells Fargo Bank NA
Dec 31, 2009
$266,000
Carolina First Bk
Parise William C
Trustees Deed
related
—
Aug 13, 2009
—
Wilshire Holding Group INC
Doors Of Charlotte LLC
Quit Claim Deed
related
—
Dec 31, 2008
—
Doors Of Charlotte LLC
Potters Mill Kitchen Design C
Warranty Deed
$307,463 · Carolina First Bank
Mar 10, 2008
—
Mill Kitchen Potters Design
Stonehouse Builders INC
Warranty Deed
$322,400 · Carolina First Bank
Oct 12, 2005
$212,500
Stonehouse Builders INC
Harrill,chris & Tracey
Warranty Deed
$171,700 · Carolina First Bank
—
—
Mill Kitchen Potters Design
—
Deed Of Trust
related
$200,000 · Citizens South Bank
—
—
F & B LLC
—
Loan Modification
related
$150,000 · Uwharrie Bk
—
—
F & B LLC
—
Loan Modification
related
—
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 2509 Old Monroe Rd?
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.
