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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Strip malls
300 Main St Graham, NC 27253-2839
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1347755
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1968
Total area
5,132 SF
Lot
0.71 ac (30,710 SF)
Zoning code
B 2
APN
145925
UPID
US53-1347755
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
-
Smitty's Homemade Ice Cream Grocery & Convenience Store Specialty Food Shop
-
BUMPER RACK Car Wash
-
Ausley's Chevelle Parts Inc. Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Quality Grocery Properties LLC · 3 yrs held
Quality Grocery Properties LLC
since 2023
Last sale
$565,000
3 recorded transactions
Zoning & alternative use
B 2 · Graham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$595,000
+192.5%
Restaurant
$560,000
+173.5%
Office building
$555,000
+172.5%
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 Graham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Graham 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
$585,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
RETAIL STORES
$595,000
Change: +193% · Conversion: Easy
RESTAURANT
$560,000
Change: +174% · Conversion: Difficult
OFFICE BUILDING
$555,000
Change: +172% · Conversion: Moderate
COMMERCIAL (GENERAL)
$530,000
Change: +160% · Conversion: Easy
AUTO REPAIR, GARAGE
$480,000
Change: +134% · Conversion: Difficult
MEDICAL BUILDING
$350,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $565k (May 5 2023)
Last sale anchor
$565k
May 5 2023
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
$110 / 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
$1,951
Tax year 2023
Assessed value
$451,550
Assessed 2023
Previous assessed
$451,550
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$217,886
Assessed improvement
$233,664
Land market value
$217,886
Improvement market value
$233,664
Total market value
$451,550
Applied tax rate
11.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1968
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Rooms
6
Total area
5,132 SF
Lot
0.71 ac (30,710 SF)
Zoning code
B 2
APN
145925
UPID
US53-1347755
Jurisdiction
ALAMANCE
Zoning & alternative use
B 2 · Graham, NCZoning B 2 · permitted uses
B 2 · Graham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$595,000
RESTAURANT
Est. value
$560,000
OFFICE BUILDING
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$480,000
MEDICAL BUILDING
Est. value
$350,000
RETAIL STORES
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1968
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
6
Lot
0.71 ac
Current owner
From public records · entity-resolved
Quality Grocery Properties LLC
Entity
Mailing address
412 N CHURCH ST, LOUISBURG, NC 27549-2320
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2023
$565,000
Quality Grocery Properties LLC
Louis Panos
Warranty Deed
$565,000 · Benchmark Community Bank
Aug 24, 2021
—
Louis Panos
Louis Panos
Intrafamily Transfer
related
—
—
—
Panos,louis & Angela
—
Deed Of Trust
related
$118,000 · Suntrust Bk/tallahassee
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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