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Property profile & analytics
OFF-MARKET
Office buildings
26 Main St 28 Franklinton, NC 27525-1317
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0973308
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Total area
2,892 SF
Lot
0.09 ac (3,920 SF)
Zoning code
C-2D
APN
9723
UPID
US53-0973308
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
Water And Main Partners LLC · 1 yrs held
Water And Main Partners LLC
since 2024
Last sale
$325,000
6 recorded transactions
Zoning & alternative use
C-2D · Franklinton, 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 Franklinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklinton 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,455
Tax year 2024
Assessed value
$112,370
Assessed 2024
Previous assessed
$10,340
+986.8% YoY
Effective rate
1.29%
On assessed value
Assessed land
$98,000
Assessed improvement
$14,370
Land market value
$98,000
Improvement market value
$14,370
Total market value
$112,370
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
0
Total area
2,892 SF
Lot
0.09 ac (3,920 SF)
Zoning code
C-2D
APN
9723
UPID
US53-0973308
Jurisdiction
FRANKLIN
Zoning & alternative use
C-2D · Franklinton, NC
Zoning C-2D · permitted uses
C-2D · Franklinton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Franklinton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
0
Lot
0.09 ac
Current owner
From public records · entity-resolved
Water And Main Partners LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1417 BAILEY HL DR, RALEIGH, NC 27614-9704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2025
—
Water And Main Partners LLC
—
Deed
related
$1,300,000 · Benchmark Community Bank
Aug 1, 2024
$325,000
Water And Main Partners LLC
Smxarena LLC
Warranty Deed
—
Aug 26, 2022
$110,000
Smxarena LLC
Alton Craig Hedgepeth
Warranty Deed
—
Jun 3, 2022
—
Alton Craig Hedgepeth
Franklinton Development LLC
Warranty Deed
—
Jun 3, 2022
$125,000
Franklinton Development LLC
A1 Gumballs A1 Vending INC
Special Warranty Deed
—
Dec 31, 2019
$65,000
Al Gumballs Of Ai Vending INC
Elic A Senter
Warranty Deed
$65,000 · Dennis K Smith
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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