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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Office buildings
3102 Main St, Hope Mills, NC 28348-0020
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-5622045
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
4,455 SF
Lot
0.56 ac (24,394 SF)
Zoning code
CP
APN
0414-17-6723
UPID
US53-5622045
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
-
Corner Stone Family Dentistry Dental Office
-
Village Orthodontics- Hope Mills Dental Office
-
Cross Creek Realty and Insurance Real Estate Agency
-
Cross Creek Insurance Agency Inc. Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$970k
Owner & transaction history
Marketplace Builders LLC · 6 yrs held
Marketplace Builders LLC
since 2019
7 recorded transactions
Zoning & alternative use
CP · Hope Mills, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$755,000
+8.3%
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 Hope Mills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hope Mills 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%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$700,000
Current use
MEDICAL BUILDING
$755,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$675,000
Change: -3% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±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
$218 / 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
$9,053
Tax year 2023
Assessed value
$653,101
Assessed 2023
Previous assessed
$653,101
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$185,057
Assessed improvement
$468,044
Land market value
$185,057
Improvement market value
$468,044
Total market value
$653,101
Applied tax rate
2,000.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Bathrooms
4
Total area
4,455 SF
Lot
0.56 ac (24,394 SF)
Zoning code
CP
APN
0414-17-6723
UPID
US53-5622045
Jurisdiction
CUMBERLAND
Zoning & alternative use
CP · Hope Mills, NC
Zoning CP · permitted uses
CP · Hope Mills, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hope Mills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$700,000
MEDICAL BUILDING
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$675,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$590,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2003
Heating
NONE
Stories
1
Bathrooms
4
Lot
0.56 ac
Current owner
From public records · entity-resolved
Marketplace Builders LLC
Entity
Mailing address
3102 N MAIN ST, HOPE MILLS, NC 28348-0020
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2020
—
Marketplace Builders LLC
—
Deed Of Trust
related
$213,000 · Fidelity Bk
Mar 17, 2020
—
Marketplace Builders LLC
—
Deed Of Trust
related
$210,000 · Fidelity Bk
Sep 9, 2019
$100,000
Marketplace Builders LLC
Skyward Developers LLC
Warranty Deed
$75,000 · Fidelity Bk
Aug 12, 2019
—
Marketplace Builders LLC
—
Trustees Deed
related
$140,000 · Trace Homes INC
Mar 5, 2019
$150,000
Marketplace Builders LLC
Skyward Developers LLC
Warranty Deed
$201,000 · Lumbee Gnty Bk
Aug 23, 2018
—
Christopher G Roberts
—
Deed
related
$455,000 · The Fidelity Bank
Nov 17, 2005
$45,000
Thomas J Fragakis
Spell,jan D & Terry W
Warranty Deed
—
Jun 15, 2005
$315,000
Christopher G Roberts
Terry W Spell
Warranty Deed
$465,000 · Branch Banking & Trust Co
Jun 15, 2005
—
Christopher G Roberts
Spell,jan D & Terry W
Grant Deed
related
—
—
—
Christopher G Roberts
—
Deed Of Trust
related
$460,000 · Wells Fargo 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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