Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,620,000
Strip malls
3035 Centennial Blvd Claremont, NC 28610-9694
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-0353544
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Total area
32,230 SF
Lot
3.65 ac (158,994 SF)
Zoning code
B-3
APN
3762-13-04-5130
UPID
US53-0353544
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 Dollar Discount Store
-
Dollar Tree Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.62M
Owner & transaction history
Claremont Commons LLC · 2 yrs held
Claremont Commons LLC
since 2024
Last sale
$2.7M
5 recorded transactions
Zoning & alternative use
B-3 · Claremont, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
o (2) overlay districts designated as follows: Neighborhood Residential District (R-1) Residential Agricultural District (R-2) Central Business District (B-1) Community Business District (B-2) Highway Business District (B-3) Manufacturing District (M-1) Manufactured Home Overlay District (MHO) High Rise Sign Overlay District (HRSO) (Ord. of 12-7-04, No. 37-0…
Zone name
Highway Business
General category
COMMERCIAL
Zone area
265.44 ac
Source
Sec. 9-3-41 Use districts.
Top alternative use upside
Retail stores
$2.7M
+280.5%
Restaurant
$2.6M
+268.9%
Commercial (general)
$2.3M
+231.7%
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 Claremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Claremont 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
$2,660,000
ML approach
$2,660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,680,000
Change: +280% · Conversion: Easy
RESTAURANT
$2,600,000
Change: +269% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,335,000
Change: +232% · Conversion: Easy
OFFICE BUILDING
$2,165,000
Change: +208% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,065,000
Change: +193% · Conversion: Difficult
MEDICAL BUILDING
$1,740,000
Change: +147% · Conversion: Difficult
Blend value · Realmo final
$2.62M
Range $2.36M – $2.88M · ±10% · vs last sale $2.66M (Mar 19 2024)
Last sale anchor
$2.66M
Mar 19 2024
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
$81 / 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
$15,978
Tax year 2023
Assessed value
$1,958,100
Assessed 2023
Previous assessed
$1,958,100
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$305,400
Assessed improvement
$1,652,700
Land market value
$305,400
Improvement market value
$1,652,700
Total market value
$1,958,100
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
1997
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
1
Total area
32,230 SF
Lot
3.65 ac (158,994 SF)
Zoning code
B-3
APN
3762-13-04-5130
UPID
US53-0353544
Jurisdiction
CATAWBA
Zoning & alternative use
B-3 · Claremont, NCZoning B-3 · permitted uses
B-3 · Claremont, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
o (2) overlay districts designated as follows: Neighborhood Residential District (R-1) Residential Agricultural District (R-2) Central Business District (B-1) Community Business District (B-2) Highway Business District (B-3) Manufacturing District (M-1) Manufactured Home Overlay District (MHO) High Rise Sign Overlay District (HRSO) (Ord. of 12-7-04, No. 37-02; Ord. of 8-1-11, No. 02-11) Share Download Bookmark Print Sec. 9-3-42 District bo
Zone name
Highway Business
General category
COMMERCIAL
Zone area
265.44 ac
Source
Sec. 9-3-41 Use districts.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.7M
RESTAURANT
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1997
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
3.65 ac
Current owner
From public records · entity-resolved
Claremont Commons LLC
Entity
Mailing address
145 SLEEPY CV TRL, MOORESVILLE, NC 28117-9413
Ownership since
2024
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
Mar 19, 2024
$2,660,000
Claremont Commons LLC
3027 3025 Centennial Blvd LLC
Special Warranty Deed
$1,500,000 · First Citizens Bank & Trust Co
Jun 7, 2022
—
3027 3025 Centennial Blvd LLC
—
Deed
related
$750,000 · United Bank
Dec 28, 2021
$1,236,000
3027 305 Centennial Blvd LLC
Ipanema Claremont LLC
Special Warranty Deed
—
May 9, 2019
$800,000
Ipanema Claremont LLC
3027-3035 Centennial Blvd Hldg
Grant Deed
—
Nov 29, 2018
$1,650,000
Centennial Blvd Hldgs LLC
Kirk William B JR|claremont Commons LLC
Trustees Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3035 Centennial Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
