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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Office Spaces
287 Ee St Pittsboro, NC 27312-1498
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US53-5429129
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,280 SF
Lot
0.19 ac (8,320 SF)
Zoning code
C-2
APN
60757
UPID
US53-5429129
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
-
Chatham YMCA Charitable Organization Social Service Agency
-
Town of Pittsboro Offices Government Office
-
Laura Grace & Company REAL ESTATE Fathom Realty NC Real Estate Agency
-
Main Street Station Real Estate Agency
-
Brannon Jennifer Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$658k
Blend (final)
Blend
$540k
Owner & transaction history
Main Street Station Pittsboro · 18 yrs held
Main Street Station Pittsboro
since 2008
7 recorded transactions
Zoning & alternative use
C-2 · Pittsboro, 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 Pittsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsboro 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$58 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,342
Tax year 2023
Assessed value
$563,689
Assessed 2023
Previous assessed
$563,689
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$71,552
Assessed improvement
$492,137
Land market value
$71,552
Improvement market value
$492,137
Total market value
$563,689
Applied tax rate
201.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
9,280 SF
Lot
0.19 ac (8,320 SF)
Zoning code
C-2
APN
60757
UPID
US53-5429129
Jurisdiction
CHATHAM
Zoning & alternative use
C-2 · Pittsboro, NC
Zoning C-2 · permitted uses
C-2 · Pittsboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pittsboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Main Street Station Pittsboro
Individual
Mailing address
212 LARKWOOD LN, CARY, NC 27518-7022
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2008
—
Main Street Station Pittsboro
Equibuilders Dev Partners LLC
Warranty Deed
$2,685,000 · Crescent State Bank
Aug 19, 2005
$381,000
Equibuilders Dev Partners LLC
Samara,motasim
Warranty Deed
$304,000 · Suntrust Bank NA
—
—
Equibuilders Dev Ptrs LLC
—
Deed Of Trust
related
$820,000 · First Bank
—
—
Equibuilders Dev Partners LLC
—
Deed Of Trust
related
$200,000 · First Bk
—
—
Main Street Station Pittsboro
—
Deed Of Trust
related
$200,000 · First Bk
—
—
Main Street Station Pittsboro
—
Deed Of Trust
related
$820,000 · First Bank
—
—
Main Street Station Pittsboro
—
Deed Of Trust
related
$1,175,000 · Crescom Bk
—
—
Main Street Station Pittsboro
—
Deed Of Trust
related
$350,000 · Crescom Bk
—
—
Equibuilders Dev Partners LLC
—
Deed Of Trust
related
$540,000 · Suntrust Bank NA
—
—
Equibuilders Dev Partners LLC
—
Deed Of Trust
related
$2,272,500 · Suntrust Bank NA
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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