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Property profile & analytics
OFF-MARKET
Office buildings
29 Iotla St, Franklin, NC 28734-2944
Individually Owned
Free & Clear
Property ID
US53-1749217
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Construction
CONCRETE BLOCKS
Total area
1,341 SF
Lot
0.04 ac (1,742 SF)
Zoning code
FC1
APN
6595103390
UPID
US53-1749217
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
-
Kenneth W Fromknecht II Law Law Firm
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
John A Vanhook
John A Vanhook
since 2025
Last sale
$337,500
6 recorded transactions
Zoning & alternative use
FC1 · Franklin, 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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
Assessed value
$225,730
Assessed 2024
Previous assessed
$225,730
+0.0% YoY
Assessed land
$26,880
Assessed improvement
$198,850
Land market value
$26,880
Improvement market value
$198,850
Total market value
$225,730
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
1
Bathrooms
2
Total area
1,341 SF
Lot
0.04 ac (1,742 SF)
Zoning code
FC1
APN
6595103390
UPID
US53-1749217
Jurisdiction
MACON
Zoning & alternative use
FC1 · Franklin, NC
Zoning FC1 · permitted uses
FC1 · Franklin, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Franklin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
John A Vanhook
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 1146, FRANKLIN, NC 28744-1146
Ownership since
2025
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
Aug 18, 2025
$337,500
John A Vanhook
Kenneth W Fromknecht
Warranty Deed
—
Jul 18, 2025
—
Sarah Wilson
—
Deed
related
$50,000 · Jeremiah A Dickerson
Jan 21, 2025
$250,000
Karla N Olaski
Carol A Singletary
Warranty Deed
—
Oct 1, 2021
$368,500
Joshua Earl Tewell
First National Bank Of Mt Dora
Warranty Deed
$345,800 · American Federal Mortgage Corp
Jul 7, 2017
—
James W Scruggs
Fannie Mae
Special Warranty Deed
—
Apr 29, 2005
$165,000
Keneth W Fromknecht II
J L P Enterprises INC
Warranty Deed
$165,000 · State Of North Carolina
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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