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Property profile & analytics
FOR SALE
Commercial real estate
3802 Old Pageland Monroe Rd, Monroe, NC 28112
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US53-0271436
For Sale
1 / 9
$200,000
3802 Old Pageland Monroe Rd, Monroe, NC 28112
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Total area
1,480 SF
Lot
5.72 ac (249,163 SF)
Zoning code
B-2 UNION COUNTY
APN
03-147-020
UPID
US53-0271436
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Elizabeth M Poplin · 13 yrs held
Elizabeth M Poplin
since 2012
3 recorded transactions
Zoning & alternative use
B-2 UNION COUNTY · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$427
Tax year 2023
Assessed value
$65,000
Assessed 2023
Previous assessed
$65,000
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$41,500
Assessed improvement
$23,500
Land market value
$41,500
Improvement market value
$23,500
Total market value
$65,000
Applied tax rate
924.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1950
Heating
YES
Stories
1
Total area
1,480 SF
Lot
5.72 ac (249,163 SF)
Zoning code
B-2 UNION COUNTY
APN
03-147-020
UPID
US53-0271436
Jurisdiction
UNION
Zoning & alternative use
B-2 UNION COUNTY · Monroe, NC
Zoning B-2 UNION COUNTY · permitted uses
B-2 UNION COUNTY · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
YES
Stories
1
Lot
5.72 ac
Current owner
From public records · entity-resolved
Elizabeth M Poplin
Individual
Mailing address
10112 GLN RDG AVE, BATON ROUGE, LA 70809-3882
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2012
$35,000
Elizabeth M Poplin
Mullis,betty
Warranty Deed
$31,000 · Betty Mullis
Apr 1, 2009
$27,500
Betty Mullis
Eller,bobby & Carolyn
Warranty Deed
—
Feb 25, 2005
$10,000
Carolyn Eller
Helms,george W & Shirley B
Warranty 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?”
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