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Property profile & analytics
OFF-MARKET
Estimated value
$3,610,000
Grocery and convenience stores
410 Gannon Ave, Zebulon, NC 27597-2508
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US53-5688797
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1984
Construction
BRICK
Total area
20,387 SF
Lot
3.11 ac (135,472 SF)
Zoning code
HC
APN
2705.13-04-7604 0098462
UPID
US53-5688797
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
-
Primo Water Exchange Big Box & Wholesale Store
-
one stop hair salon Hair Salon Nail Salon
-
MoneyGram Bank Credit Union
-
Latinos Foods Market Grocery & Convenience Store Food Market
-
H&R Block Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$3.61M
Owner & transaction history
G & G Brothers INC · 22 yrs held
G & G Brothers INC
since 2004
6 recorded transactions
Zoning & alternative use
HC · Zebulon, 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 Zebulon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zebulon 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
Blend value · Realmo final
$3.61M
Range $3.25M – $3.97M · ±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
$177 / 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
$24,050
Tax year 2023
Assessed value
$1,952,110
Assessed 2023
Previous assessed
$1,952,110
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$352,227
Assessed improvement
$1,599,883
Land market value
$352,227
Improvement market value
$1,599,883
Total market value
$1,952,110
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
1984
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
20,387 SF
Lot
3.11 ac (135,472 SF)
Zoning code
HC
APN
2705.13-04-7604 0098462
UPID
US53-5688797
Jurisdiction
WAKE
Zoning & alternative use
HC · Zebulon, NC
Zoning HC · permitted uses
HC · Zebulon, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zebulon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.11 ac
Current owner
From public records · entity-resolved
G & G Brothers INC
Entity
Mailing address
2606 WINTER STORM RD, ZEBULON, NC 27597-7359
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
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 1, 2023
—
G & G Brothers INC
—
Deed
related
$100,000 · First National Bank Of Pennsylvania
Sep 6, 2018
—
G & G Brothers INC
—
Deed
related
$375,000 · First Citizens Bk
May 3, 2004
$950,000
G & G Brothers INC
Byrd Family
Grant Deed
$700,000 · Central Carolina Bank & Trust
Oct 25, 2002
$995,000
Byrd Family LP
Piedmont Center
Grant Deed
—
—
—
G & G Brothers INC
—
Deed Of Trust
related
$200,000 · Suntrust Bank NA
—
—
G & G Brothers INC
—
Deed Of Trust
related
$375,000 · First Citizens Bk
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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