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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Retail space
3005 Us Hwy 220th Bus, Stoneville, NC 27048-8028
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-2203676
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Total area
7,024 SF
Lot
19.75 ac (860,310 SF)
Zoning code
RES AG LGT IND COUNTY
APN
7928-00-50-4807-00
UPID
US53-2203676
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
$1.07M
Comparable Approach
Comparable
$736k
Blend (final)
Blend
$910k
Owner & transaction history
Clifford R James · 7 yrs held
Clifford R James
since 2018
7 recorded transactions
Zoning & alternative use
RES AG LGT IND COUNTY · Stoneville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$605,000
+39.0%
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 Stoneville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stoneville 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%
$1,150,000
6.5%
$1,065,000
7%
$985,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$605,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$130 / 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
$4,345
Tax year 2023
Assessed value
$543,132
Assessed 2023
Previous assessed
$543,132
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$236,671
Assessed improvement
$306,461
Land market value
$236,671
Improvement market value
$306,461
Total market value
$543,132
Applied tax rate
122.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Heating
GRAVITY
Buildings
3
Stories
1
Total area
7,024 SF
Lot
19.75 ac (860,310 SF)
Zoning code
RES AG LGT IND COUNTY
APN
7928-00-50-4807-00
UPID
US53-2203676
Jurisdiction
ROCKINGHAM
Zoning & alternative use
RES AG LGT IND COUNTY · Stoneville, NC
Zoning RES AG LGT IND COUNTY · permitted uses
RES AG LGT IND COUNTY · Stoneville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stoneville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$605,000
OFFICE 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
1954
Heating
GRAVITY
Stories
1
Buildings
3
Lot
19.75 ac
Current owner
From public records · entity-resolved
Clifford R James
Individual
Mailing address
1070 PHILLIPS RD, SANDY RIDGE, NC 27046-7100
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2018
—
Clifford R James
James,joel E
Quit Claim Deed
related
—
Mar 31, 2017
$550,000
Bco LLC
James,joel E
Warranty Deed
$1,324,387 · Joel E & Clifford R James
Aug 30, 2010
$650,000
Joel E James
Johnson Land Co LLC
Deed In Lieu Of Foreclosure
—
—
—
Clifford R James
—
Deed Of Trust
related
$114,000 · Branch Bk&tr
—
—
Piedmont Stone INC
—
Deed Of Trust
related
$100,000 · Southern Community Bank
—
—
Joel E James SR.
—
Deed Of Trust
related
$150,000 · First Bank
—
—
Joel E James
—
Deed Of Trust
related
$178,000 · Southern Community Bank
—
—
Joel E James
—
Deed Of Trust
related
$150,000 · Southern Community Bank
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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