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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Grocery and convenience stores
4005 Jones Sausage Rd Garner, NC 27529-9437
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-1133330
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2021
Construction
BRICK
Total area
4,872 SF
Lot
4.13 ac (179,903 SF)
Zoning code
IX-3
APN
1721.06-49-6089 0304654
UPID
US53-1133330
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
-
Sheetz Grocery & Convenience Store
-
PNC ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.33M
Owner & transaction history
Big Buffalo LLC · 3 yrs held
Big Buffalo LLC
since 2022
6 recorded transactions
Zoning & alternative use
IX-3 · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+9.2%
Commercial (general)
$1.6M
+5.1%
Medical building
$1.6M
+2.7%
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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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%
$1,440,000
6.5%
$1,330,000
7%
$1,235,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,540,000
Current use
AUTO REPAIR, GARAGE
$1,685,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,620,000
Change: +5% · Conversion: Easy
MEDICAL BUILDING
$1,585,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±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
$272 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$34,642
Tax year 2023
Assessed value
$3,178,130
Assessed 2023
Previous assessed
$3,178,130
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$642,210
Assessed improvement
$2,535,920
Land market value
$642,210
Improvement market value
$2,535,920
Total market value
$3,178,130
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
2021
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,872 SF
Lot
4.13 ac (179,903 SF)
Zoning code
IX-3
APN
1721.06-49-6089 0304654
UPID
US53-1133330
Jurisdiction
WAKE
Zoning & alternative use
IX-3 · Garner, NCZoning IX-3 · permitted uses
IX-3 · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2021
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
4.13 ac
Current owner
From public records · entity-resolved
Big Buffalo LLC
Entity
Free & Clear · 3 yrs held
Mailing address
207 STONE HBR BLVD, CAPE MAY COURT HOUSE, NJ 08210-2137
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2022
—
Big Buffalo LLC
10553 3rd Ave LLC
Special Warranty Deed
—
Mar 29, 2021
$4,390,000
10553 3rd Ave LLC
Jones Sausage Gas LLC
Grant Deed
—
Aug 1, 2019
$1,500,000
Jones Sausage Gas LLC
Jts Real Estate Holdings LLC
Grant Deed
$3,621,500 · Cogent Bk
Aug 1, 2019
—
Jones Sausage Gas LLC
Fas Holdings LLC
Grant Deed
related
—
Dec 13, 2016
—
Jts Real Estate Holdings LLC
Stone & Stone Associates LLC
Grant Deed
related
—
Mar 31, 2008
—
Stone & Stone Associates LLC
Stone & Stone Associates
Quit Claim Deed
related
$544,197 · Bank Of America
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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