Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$240,000
Banks
3296 Main St Claremont, NC 28610-8671
Entity Owned
6-yr Hold
Free & Clear
Property ID
US53-0202142
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,839 SF
Lot
0.53 ac (23,087 SF)
Zoning code
B-1
APN
3762-18-32-1302
UPID
US53-0202142
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
-
BB&T Loan Service
-
Foothills Animal Health Center Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$240k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$240k
Owner & transaction history
Catawba Properties LLC · 6 yrs held
Catawba Properties LLC
since 2019
2 recorded transactions
Zoning & alternative use
B-1 · Claremont, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
jurisdiction is hereby divided into six (6) base districts and two (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)…
Zone name
Central Business
General category
CIVIC_INSTITUTIONAL
Zone area
33.00 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
$240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$240k
Range $216k – $264k · ±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
$85 / 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
$3,745
Tax year 2023
Assessed value
$329,800
Assessed 2023
Previous assessed
$458,900
-28.1% YoY
Effective rate
1.14%
On assessed value
Assessed land
$53,100
Assessed improvement
$276,700
Land market value
$53,100
Improvement market value
$276,700
Total market value
$329,800
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,839 SF
Lot
0.53 ac (23,087 SF)
Zoning code
B-1
APN
3762-18-32-1302
UPID
US53-0202142
Jurisdiction
CATAWBA
Zoning & alternative use
B-1 · Claremont, NCZoning B-1 · permitted uses
B-1 · Claremont, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
jurisdiction is hereby divided into six (6) base districts and two (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
Zone name
Central Business
General category
CIVIC_INSTITUTIONAL
Zone area
33.00 ac
Source
Sec. 9-3-41 Use districts.
Building & site characteristics
From public records
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Catawba Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 700, CLAREMONT, NC 28610-0700
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2019
$270,000
Catawba Properties LLC
Micheaux Rsrc Mgmt LLC
Warranty Deed
—
Aug 30, 2019
$235,000
Micheaux Rsrc Mgmt LLC
Branch Bkng & Trust Co
Grant 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 3296 Main St?
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.
