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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Retail properties & Spaces
403 Hwy 27, Stanley, NC 28164-2044
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1920089
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE (MULTI-STORY)
Year built
1997
Total area
11,200 SF
Lot
1.51 ac (65,776 SF)
Zoning code
RET05
APN
134078
UPID
US53-1920089
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
-
Stanley Storage Units Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$980k
Owner & transaction history
Dtlr Stanley LLC · 3 yrs held
Dtlr Stanley LLC
since 2023
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
RET05 · Stanley, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$970,000
+543.8%
Auto repair, garage
$930,000
+517.8%
Retail stores
$735,000
+386.6%
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 Stanley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stanley 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
$860,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$970,000
Change: +544% · Conversion: Difficult
AUTO REPAIR, GARAGE
$930,000
Change: +518% · Conversion: Difficult
RETAIL STORES
$735,000
Change: +387% · Conversion: Difficult
RESTAURANT
$650,000
Change: +330% · Conversion: Difficult
MEDICAL BUILDING
$620,000
Change: +313% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $1.14M (Mar 24 2023)
Last sale anchor
$1.14M
Mar 24 2023
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
$88 / 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
$13,816
Tax year 2024
Assessed value
$1,268,680
Assessed 2024
Previous assessed
$1,268,680
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$469,370
Assessed improvement
$799,310
Applied tax rate
260.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE (MULTI-STORY)
Status
Off-Market
Year built
1997
Heating
HEAT PUMP
Stories
1
Total area
11,200 SF
Lot
1.51 ac (65,776 SF)
Zoning code
RET05
APN
134078
UPID
US53-1920089
Jurisdiction
GASTON
Zoning & alternative use
RET05 · Stanley, NC
Zoning RET05 · permitted uses
RET05 · Stanley, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stanley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$930,000
RETAIL STORES
Est. value
$735,000
RESTAURANT
Est. value
$650,000
MEDICAL BUILDING
Est. value
$620,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
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
1997
Heating
HEAT PUMP
Stories
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Dtlr Stanley LLC
Entity
Free & Clear · 3 yrs held
Mailing address
11948 AUTUMNWOOD LN, FORT WASHINGTON, MD 20744-6057
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
—
Dtlr Stanley LLC
Scott Cars INC
Correction Deed
related
—
Mar 24, 2023
$1,135,000
Bishop Dollar Tree LLC
Dtlr Stanley LLC
Special Warranty Deed
—
Mar 24, 2023
—
Bishop Dollar Tree LLC
Dltr Stanley LLC
Assignment Of Deed
—
Jul 10, 2020
$850,000
Dtlr Stanley LLC
Scott Cars INC
Grant 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.
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