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Property profile & analytics
OFF-MARKET
Estimated value
$1,650,000
Community centers
2531 Lyon Sta Rd Creedmoor, NC 27522-9401
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-3336260
Property summary
AI-generated overview
This exceptional 58,200 square foot shopping center, located at 2531 E Lyon Station Rd, Creedmoor, NC 27522, presents a prime retail opportunity. Situated on Hwy 56 in Granville County, this multi-tenant property offers immediate access to a thriving community. Currently, 6,000 square feet of retail space is available for lease, providing a significant opportunity for expansion or a new business venture. The center boasts a strong existing tenant base, ensuring high foot traffic and visibility. The property's convenient location and ample space make it ideal for a variety of retail uses. With easy access from Hwy 56, this shopping center benefits from excellent visibility and convenient access for customers. The 6,000 square foot vacant space offers flexibility for customization to suit specific business needs. This is a rare opportunity to secure a prominent retail presence in a growing North Carolina market. Don't miss out on this chance to establish your business in a well-established and highly visible shopping center. Contact us today to learn more about leasing this exceptional space.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1983
Total area
64,202 SF
Lot
9.2 ac (400,752 SF)
Zoning code
HB
APN
88703112786
UPID
US53-3336260
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
$1.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$1.65M
Owner & transaction history
Jp Dv Ventures LLC · 10 yrs held
Jp Dv Ventures LLC
since 2015
2 recorded transactions
Zoning & alternative use
HB · Creedmoor, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.3M
+14.3%
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 Creedmoor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Creedmoor 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
$1,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,965,000
Current use
WAREHOUSE, STORAGE
$2,250,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.65M
Range $1.49M – $1.82M · ±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
$26 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$45,010
Tax year 2020
Assessed value
$5,904,924
Assessed 2024
Previous assessed
$3,498,610
+68.8% YoY
Effective rate
0.76%
On assessed value
Assessed land
$1,426,920
Assessed improvement
$4,478,004
Land market value
$1,426,920
Improvement market value
$4,478,004
Total market value
$5,904,924
Applied tax rate
15.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1983
Heating
YES
Cooling
YES
Stories
1
Total area
64,202 SF
Lot
9.2 ac (400,752 SF)
Zoning code
HB
APN
88703112786
UPID
US53-3336260
Jurisdiction
GRANVILLE
Zoning & alternative use
HB · Creedmoor, NC
Zoning HB · permitted uses
HB · Creedmoor, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Creedmoor. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1983
Heating
YES
Cooling
Yes
Stories
1
Lot
9.2 ac
Current owner
From public records · entity-resolved
Jp Dv Ventures LLC
Entity
Mailing address
135 PARKSIDE CLOSE, ALPHARETTA, GA 30022-1437
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2025
—
Jp-dv Ventures LLC
—
Deed
related
$2,465,000 · Truliant FCU
Oct 14, 2015
$3,700,000
Jp Dv Ventures LLC
Blount Street Partners II LLC
Special Warranty Deed
$2,775,000 · Citigroup Global Markets Realty Cor
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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