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Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Grocery and convenience stores
3891 Main St Harrisburg, NC 28075-7483
Entity Owned
Free & Clear
Property ID
US53-1069154
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2008
Construction
WOOD
Total area
19,969 SF
Lot
1.96 ac (85,378 SF)
Zoning code
PUD
APN
5507 96 8980
UPID
US53-1069154
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
-
ALDI Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.83M
Owner & transaction history
ALDI INC
ALDI INC
Zoning & alternative use
PUD · Harrisburg, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
PUD: Planned Unit Development District RE: Rural Estate District RL: Residential Low Density RM: Residential Medium Density RH: Residential High Density MU: Mixed Use District TND: Traditional Neighborhood Development District TOD: Transit Oriented Development District Overlay Districts Additional requirements are imposed on certain properties within overlay…
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
351.45 ac
Top alternative use upside
Auto repair, garage
$2.9M
+20.5%
Commercial (general)
$2.6M
+8.4%
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 Harrisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrisburg 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
$2,385,000
Current use
AUTO REPAIR, GARAGE
$2,875,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,585,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±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
$91 / 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
$30,971
Tax year 2024
Assessed value
$3,141,120
Assessed 2024
Previous assessed
$2,883,970
+8.9% YoY
Effective rate
0.99%
On assessed value
Assessed land
$1,600,840
Assessed improvement
$1,540,280
Land market value
$1,600,840
Improvement market value
$1,540,280
Total market value
$3,141,120
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
19,969 SF
Lot
1.96 ac (85,378 SF)
Zoning code
PUD
APN
5507 96 8980
UPID
US53-1069154
Jurisdiction
CABARRUS
Zoning & alternative use
PUD · Harrisburg, NCZoning PUD · permitted uses
PUD · Harrisburg, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
PUD: Planned Unit Development District RE: Rural Estate District RL: Residential Low Density RM: Residential Medium Density RH: Residential High Density MU: Mixed Use District TND: Traditional Neighborhood Development District TOD: Transit Oriented Development District Overlay Districts Additional requirements are imposed on certain properties within overlay districts, which can be designated within one or more general or conditional zoning district. For instance, buildings within a Historic Overlay District must comply with general and conditional zoning requirements, as well as zoning restrictions that serve to preserve the historic character of the neighborhood. Overlay Districts Key FPOD: Flood Plain Overlay District HPOD : Historic Overlay District PUD : Planned Unit Development
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
351.45 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2008
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.96 ac
Current owner
From public records · entity-resolved
ALDI INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 460049, HOUSTON, TX 77056-8049
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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