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Property profile & analytics
OFF-MARKET
Office buildings
35 Palmer St, Franklin, NC 28734-3018
Individually Owned
1-yr Hold
Free & Clear
Property ID
US53-2079484
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1937
Total area
1,733 SF
Lot
0.29 ac (12,632 SF)
Zoning code
FC1
APN
6594095383
UPID
US53-2079484
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
-
Law Offices of April L. Sgro, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kevin L Sgro · 1 yrs held
Kevin L Sgro
since 2025
5 recorded transactions
Zoning & alternative use
FC1 · Franklin, 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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$830
Tax year 2023
Assessed value
$221,680
Assessed 2023
Previous assessed
$211,870
+4.6% YoY
Effective rate
0.37%
On assessed value
Assessed land
$122,670
Assessed improvement
$99,010
Land market value
$122,670
Improvement market value
$99,010
Total market value
$221,680
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
1937
Heating
BASEBOARD
Stories
2
Rooms
12
Bathrooms
3
Total area
1,733 SF
Lot
0.29 ac (12,632 SF)
Zoning code
FC1
APN
6594095383
UPID
US53-2079484
Jurisdiction
MACON
Zoning & alternative use
FC1 · Franklin, NC
Zoning FC1 · permitted uses
FC1 · Franklin, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Franklin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1937
Heating
BASEBOARD
Stories
2
Rooms
12
Bathrooms
3
Lot
0.29 ac
Current owner
From public records · entity-resolved
Kevin L Sgro
Individual
Free & Clear · 1 yrs held
Mailing address
117 APPLE TRL, FRANKLIN, NC 28734-0638
Ownership since
2025
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
May 27, 2025
—
Kevin L Sgro
35 East Palmer Street LLC
Warranty Deed
—
Jan 22, 2025
$465,000
Frank L Jordan
James Edwin Lequire
Warranty Deed
—
Jan 22, 2025
$250,000
Linda Foley
Matthew Faust
Warranty Deed
—
Jan 21, 2025
$219,000
Scott A Wittemann
Robert W Matthews
Warranty Deed
—
Mar 12, 2020
$150,000
35 East Palmer Street LLC
Frank L Moffitt
Warranty Deed
$127,500 · Nantahala Bank & Trust Company
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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