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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Grocery and convenience stores
3456 Janice Ave, Franklinton, NC 27525
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-5795640
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1960
Total area
11,002 SF
Lot
1.51 ac (65,863 SF)
Zoning code
C-3H
APN
10385
UPID
US53-5795640
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
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.43M
Owner & transaction history
Trade Family LLC · 3 yrs held
Trade Family LLC
since 2023
Last sale
$1.7M
4 recorded transactions
Zoning & alternative use
C-3H · Franklinton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Franklinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklinton 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
$1,270,000
ML approach
$1,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,985,000
Change: 0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,850,000
Change: 0% · Conversion: Easy
RETAIL STORES
$1,460,000
Change: 0% · Conversion: Easy
RESTAURANT
$1,060,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±10% · vs last sale $1.65M (Mar 14 2023)
Last sale anchor
$1.65M
Mar 14 2023
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
$130 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$32,375
Tax year 2024
Assessed value
$2,491,480
Assessed 2024
Previous assessed
$1,024,030
+143.3% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,423,950
Assessed improvement
$1,067,530
Land market value
$1,423,950
Improvement market value
$1,067,530
Total market value
$2,491,480
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1960
Heating
CENTRAL
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
4
Total area
11,002 SF
Lot
1.51 ac (65,863 SF)
Zoning code
C-3H
APN
10385
UPID
US53-5795640
Jurisdiction
FRANKLIN
Zoning & alternative use
C-3H · Franklinton, NC
Zoning C-3H · permitted uses
C-3H · Franklinton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Franklinton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.5M
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
RESTAURANT
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
1960
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
4
Lot
1.51 ac
Current owner
From public records · entity-resolved
Trade Family LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3675 PO BOX 711TH DR, DALLAS, TX 75221-0711
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2023
—
Trade Family LLC
—
Deed
related
$2,000,000 · Townebank
Mar 14, 2023
$1,651,500
Trade Family LLC
Nlp Gsp LLC
Special Warranty Deed
—
Mar 13, 2023
$1,651,500
Nlp Gsp LLC
Amicus Investments LLC
Special Warranty Deed
—
—
—
Amicus Investments LLC
—
Deed Of Trust
related
$2,975,000 · Branch Banking & Trust Co
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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