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Property profile & analytics
OFF-MARKET
Retail space
3018 Main St, Salisbury, NC 28147-7904
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-0514801
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Total area
1,560 SF
Lot
0.34 ac (14,985 SF)
Zoning code
BRT
APN
461A120
UPID
US53-0514801
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
-
Blue Collar Reloading, Inc. (Bike/Boat/Book/etc) Store
-
Wynncom Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Carolina Telcom Inc Mobile Phone Store Electronics & Wireless Store
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
Sierra Holding LLC · 3 yrs held
Sierra Holding LLC
since 2022
Last sale
$200,000
5 recorded transactions
Zoning & alternative use
BRT · Salisbury, 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 Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,875
Tax year 2023
Assessed value
$156,811
Assessed 2023
Previous assessed
$133,224
+17.7% YoY
Effective rate
1.20%
On assessed value
Assessed land
$50,500
Assessed improvement
$106,311
Land market value
$50,500
Improvement market value
$106,311
Total market value
$156,811
Applied tax rate
101.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1996
Heating
YES
Stories
1
Units
1
Total area
1,560 SF
Lot
0.34 ac (14,985 SF)
Zoning code
BRT
APN
461A120
UPID
US53-0514801
Jurisdiction
ROWAN
Zoning & alternative use
BRT · Salisbury, NC
Zoning BRT · permitted uses
BRT · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
YES
Stories
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Sierra Holding LLC
Entity
Mailing address
3018 S MAIN ST, SALISBURY, NC 28147-7904
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2022
$200,000
Sierra Holding LLC
B Holt LLC
Warranty Deed
$170,000 · The Fidelity Bank
Apr 28, 2020
$185,000
B Holt LLC
Rainy Day Investments LLC
Warranty Deed
$157,250 · The Fidelity Bank
Aug 1, 2013
$150,000
Rainy Day Investments LLC
Turman Real Estate Holdings LLC
Grant Deed
—
Feb 25, 2011
$100,000
Real Estate Holdings Ll Turman
Coates,timothy H
Grant Deed
—
—
—
Rainy Day Investments LLC
—
Deed Of Trust
related
$104,000 · Farmers & Mechanics 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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