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Property profile & analytics
OFF-MARKET
Estimated value
$1,965,000
Retail space
341 Ram Loop Summerfield, NC 27358
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-5461085
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
22,650 SF
Lot
5.23 ac (227,819 SF)
Zoning code
HWY COMM COUNTY
APN
7922-01-29-5251-00
UPID
US53-5461085
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.97M
Owner & transaction history
B & B Foster Ents · 7 yrs held
B & B Foster Ents
since 2019
5 recorded transactions
Zoning & alternative use
HWY COMM COUNTY · Summerfield, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+39.0%
Auto repair, garage
$1.7M
+17.9%
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 Summerfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerfield 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
Alternative Use
Use
Estimation
RETAIL STORES
$1,400,000
Current use
OFFICE BUILDING
$1,950,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,655,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$1.97M
Range $1.77M – $2.16M · ±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
$87 / 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
$6,324
Tax year 2023
Assessed value
$785,649
Assessed 2023
Previous assessed
$785,649
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$162,300
Assessed improvement
$623,349
Land market value
$162,300
Improvement market value
$623,349
Total market value
$785,649
Applied tax rate
115.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2000
Heating
HEAT PUMP
Stories
1
Total area
22,650 SF
Lot
5.23 ac (227,819 SF)
Zoning code
HWY COMM COUNTY
APN
7922-01-29-5251-00
UPID
US53-5461085
Jurisdiction
ROCKINGHAM
Zoning & alternative use
HWY COMM COUNTY · Summerfield, NC
Zoning HWY COMM COUNTY · permitted uses
HWY COMM COUNTY · Summerfield, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Summerfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2000
Heating
HEAT PUMP
Stories
1
Lot
5.23 ac
Current owner
From public records · entity-resolved
B & B Foster Ents
Individual
Free & Clear · 7 yrs held
Mailing address
6009 CHUKKER CT, SUMMERFIELD, NC 27358-9794
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2019
—
B & B Foster Ents
Golden,kyle K & Kandi K
Grant Deed
—
Nov 2, 2018
—
B & B Foster Ents LLC
Golden Kevin R
Grant Deed
related
—
Jul 2, 2015
$800,000
Kevin R Golden
Jjcarmon Lc
Warranty Deed
$750,000 · Jjcarmon Lc
Mar 11, 2008
$800,000
Jjcarmon Lc
Sbr Properties LLC
Warranty Deed
—
Jan 5, 2006
$781,000
Sbr Properties LLC
Walker,barry D & Deborah C
Warranty Deed
$624,800 · Wachovia Bank NA
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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