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Property profile & analytics
OFF-MARKET
Commercial real estate
2807 Blacksburg Rd, Grover, NC 28073-9810
Trust Owned
2-yr Hold
Free & Clear
Property ID
US53-3159162
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1984
Total area
2,800 SF
Lot
0.62 ac (26,809 SF)
Zoning code
R15
APN
4443
UPID
US53-3159162
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
Christ Jeep Trust · 2 yrs held
Christ Jeep Trust
since 2024
Last sale
$85,000
4 recorded transactions
Zoning & alternative use
R15 · Grover, 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 Grover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grover 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
$440
Tax year 2024
Assessed value
$21,966
Assessed 2023
Previous assessed
$21,966
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$6,366
Assessed improvement
$15,600
Land market value
$6,366
Improvement market value
$15,600
Total market value
$21,966
Applied tax rate
69.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1984
Heating
NONE
Total area
2,800 SF
Lot
0.62 ac (26,809 SF)
Zoning code
R15
APN
4443
UPID
US53-3159162
Jurisdiction
CLEVELAND
Zoning & alternative use
R15 · Grover, NC
Zoning R15 · permitted uses
R15 · Grover, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
0.62 ac
Current owner
From public records · entity-resolved
Christ Jeep Trust
Trust
Free & Clear · 2 yrs held
Mailing address
1610 DL EARNHARDT BLVD, KANNAPOLIS, NC 28083-3210
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2024
$85,000
Christ Jeep Trust
Kenneth E Black
Warranty Deed
—
Aug 31, 2016
$35,000
Kenneth E Black
Owle,julie A
Warranty Deed
—
Jul 3, 2013
—
Julie A Owle
Owle,michael Shane
Quit Claim Deed
related
—
Jan 30, 2013
—
Michael Shane Owle
Owle,julie A
Quit Claim Deed
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.
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