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Property profile & analytics
OFF-MARKET
Estimated value
$1,465,000
Office buildings
4 Main St Franklinton, NC 27525-1357
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1763525
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1901
Total area
4,644 SF
Lot
0.07 ac (3,049 SF)
Zoning code
C-2D
APN
9811
UPID
US53-1763525
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
-
Brassfield Realty Real Estate Agency
-
Grey The Brand Clothing & Fashion Store
-
Wild Honey Salon Hair Salon Nail Salon
-
Work at 4 North Coworking & Hybrid Office
-
Viva Brow Co Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
Lucky 13 Investments Ltd · 2 yrs held
Lucky 13 Investments Ltd
since 2024
Last sale
$1.7M
3 recorded transactions
Zoning & alternative use
C-2D · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,265,000
6.5%
$1,170,000
7%
$1,085,000
Blend value · Realmo final
$1.47M
Range $1.32M – $1.61M · ±10% · vs last sale $1.65M (Jun 15 2020)
Last sale anchor
$1.65M
Jun 15 2020
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
$315 / 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
$7,912
Tax year 2024
Assessed value
$602,480
Assessed 2024
Previous assessed
$258,000
+133.5% YoY
Effective rate
1.31%
On assessed value
Assessed land
$76,230
Assessed improvement
$526,250
Land market value
$76,230
Improvement market value
$526,250
Total market value
$602,480
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1901
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
4,644 SF
Lot
0.07 ac (3,049 SF)
Zoning code
C-2D
APN
9811
UPID
US53-1763525
Jurisdiction
FRANKLIN
Zoning & alternative use
C-2D · Franklinton, NC
Zoning C-2D · permitted uses
C-2D · 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.
Building & site characteristics
From public records
Year built
1901
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Lucky 13 Investments Ltd
Entity
Free & Clear · 2 yrs held
Mailing address
1720 CASTLING CT, WAKE FOREST, NC 27587-1853
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Apr 8, 2024
—
Lucky 13 Investments Ltd
Franklinton Development LLC
Correction Deed
related
—
Jun 15, 2020
$145,000
Franklinton Dev LLC
Bonnie Dixon
Grant Deed
—
Oct 28, 2008
$150,000
Bonnie Dixon
Kns Realty LLC
Warranty Deed
$105,000 · Capital Bank
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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