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Property profile & analytics
OFF-MARKET
Estimated value
$235,000
Retail space
3119 Oxford St Claremont, NC 28610
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US53-5750360
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2015
Total area
3,137 SF
Lot
0.7 ac (30,492 SF)
Zoning code
B-3
APN
3752-16-94-7273
UPID
US53-5750360
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
-
HealthSmart Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$235k
Owner & transaction history
Busbee Family Investments LLC · 11 yrs held
Busbee Family Investments LLC
since 2015
7 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.
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$235k
Range $212k – $259k · ±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
$75 / 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
$3,873
Tax year 2023
Assessed value
$355,400
Assessed 2023
Previous assessed
$474,600
-25.1% YoY
Effective rate
1.09%
On assessed value
Assessed land
$101,900
Assessed improvement
$253,500
Land market value
$101,900
Improvement market value
$253,500
Total market value
$355,400
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
2015
Heating
HOT WATER
Cooling
CENTRAL
Units
1
Total area
3,137 SF
Lot
0.7 ac (30,492 SF)
Zoning code
B-3
APN
3752-16-94-7273
UPID
US53-5750360
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.
Building & site characteristics
From public records
Year built
2015
Heating
HOT WATER
Cooling
Yes
Units
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Busbee Family Investments LLC
Entity
Mailing address
PO BOX 10, HICKORY, NC 28603-0010
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2017
—
Busbee Damily Investments LLC
—
Deed
related
$290,000 · Peoples Bank
Oct 11, 2016
—
Busbee Family Investments LLC
—
Deed
related
$200,000 · Peoples Bk
Aug 7, 2015
—
Busbee Family Investments LLC
John Robert Busbee
Intrafamily Transfer
related
$760,000 · Peoples Bank
Dec 18, 2014
$200,000
John R Busbee
Faw,j C
Grant Deed
—
Apr 20, 2011
—
J C Faw
—
Trustees Deed
related
$300,000 · H T Hackney Co
Apr 3, 2004
—
J C Faw
Owner Name Unavailable
Grant Deed
related
—
—
—
Busbee Family Investments LLC
—
Deed Of Trust
related
$200,000 · Peoples Bk
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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