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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Grocery and convenience stores
300 Malcolm Blvd, Connelly Springs, NC 28612-7916
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-3822252
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1966
Construction
STEEL FRAME
Total area
2,400 SF
Lot
0.9 ac (39,204 SF)
Zoning code
HIGHWAY BUSINESS DIST
APN
33179
UPID
US53-3822252
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
-
Family Food Mart Grocery & Convenience Store
-
CoinFlip Bitcoin ATM Money Transfer Service Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Jay Khodiyar Maa Properties LLC · 3 yrs held
Jay Khodiyar Maa Properties LLC
since 2022
Last sale
$1.7M
6 recorded transactions
Zoning & alternative use
HIGHWAY BUSINESS DIST · Connelly Springs, 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 Connelly Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Connelly Springs 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
$1,415,000
ML approach
$1,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10% · vs last sale $1.65M (Dec 2 2022)
Last sale anchor
$1.65M
Dec 2 2022
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
$635 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,810
Tax year 2024
Assessed value
$1,625,635
Assessed 2024
Previous assessed
$1,625,635
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$1,172,370
Assessed improvement
$453,265
Land market value
$1,172,370
Improvement market value
$453,265
Total market value
$1,625,635
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1966
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,400 SF
Lot
0.9 ac (39,204 SF)
Zoning code
HIGHWAY BUSINESS DIST
APN
33179
UPID
US53-3822252
Jurisdiction
BURKE
Zoning & alternative use
HIGHWAY BUSINESS DIST · Connelly Springs, NC
Zoning HIGHWAY BUSINESS DIST · permitted uses
HIGHWAY BUSINESS DIST · Connelly Springs, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Connelly Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
Jay Khodiyar Maa Properties LLC
Entity
Mailing address
2214 DUNNING CT, HIGH POINT, NC 27265-9476
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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 28, 2025
—
Jay Khodiyar Maa Properties LLC
—
Deed
related
$160,300 · United States Small Business Admin
Dec 2, 2022
$1,650,000
Jay Khodiyar Maa Properties LLC
Shivam Shakti INC
Warranty Deed
$1,200,000 · First Ic Bank
Feb 14, 2018
—
Shivam Shakti INC
—
Deed
related
$814,900 · Branch Bk&tr
Mar 2, 2011
$875,000
Shivam Shakti INC
Abee Family Properties LLC
Grant Deed
$965,000 · Wilshire State Bank
—
—
Abee Familyproperties LLC
—
Deed Of Trust
related
$136,000 · Bank Of Granite
—
—
Shivam Shakti INC
—
Deed Of Trust
related
$814,900 · Branch Bk&tr
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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