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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Commercial real estate
401 Ctr St, Mebane, NC 27302-3338
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0702134
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1954
Total area
7,505 SF
Lot
1.85 ac (80,586 SF)
APN
9825-33-4725
UPID
US53-0702134
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
-
Saints and Sinners Salon Hair Salon
-
Traveling Addiction coffee+smoothies Cafe & Coffee Shop
-
Blue Earth Massage Alternative Medicine Practice Spa & Massage Center
-
Pretty Moon Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.18M
Owner & transaction history
Mebane Galleria LLC · 3 yrs held
Mebane Galleria LLC
since 2023
5 recorded transactions
Zoning & alternative use
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 Mebane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mebane 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%
$1,520,000
6.5%
$1,405,000
7%
$1,305,000
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±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
$157 / 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
$21,039
Tax year 2023
Assessed value
$1,733,800
Assessed 2023
Previous assessed
$1,733,800
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$324,700
Assessed improvement
$1,409,100
Land market value
$324,700
Improvement market value
$1,409,100
Total market value
$1,733,800
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
Off-Market
Year built
1954
Heating
NONE
Buildings
2
Stories
1
Total area
7,505 SF
Lot
1.85 ac (80,586 SF)
APN
9825-33-4725
UPID
US53-0702134
Jurisdiction
ORANGE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1954
Heating
NONE
Stories
1
Buildings
2
Lot
1.85 ac
Current owner
From public records · entity-resolved
Mebane Galleria LLC
Entity
Free & Clear · 3 yrs held
Mailing address
112 E LARAMIE DR, MEBANE, NC 27302-2251
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jun 20, 2023
—
Mebane Galleria LLC
Mebane Steakhouse LLC
Intrafamily Transfer
related
—
Oct 26, 2018
—
Mebane Steakhouse LLC
—
Deed
related
$1,100,000 · Mebane Lender LLC
Mar 21, 2017
—
Mebane Stekhouse LLC
Kenneth W Knight
Warranty Deed
$1,100,000 · Mebane Lender LLC
Jul 19, 2016
—
Kenneth W Knight
—
Deed Of Trust
related
$610,000 · Jesse E III Miller
—
—
Mebane Steakhouse LLC
—
Loan Modification
related
$1,100,000 · Mebane Lender LLC
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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