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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Grocery and convenience stores
420 Smt Rd Eden, NC 27288-2832
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2061557
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1994
Total area
5,070 SF
Lot
10 ac (435,600 SF)
Zoning code
LIGHT INDUSTRIAL EDEN
APN
7080-00-78-5294-00
UPID
US53-2061557
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$805k
Owner & transaction history
Flmr Properties LLC · 16 yrs held
Flmr Properties LLC
since 2009
2 recorded transactions
Zoning & alternative use
LIGHT INDUSTRIAL EDEN · Eden, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$985,000
+812.0%
Medical building
$555,000
+414.2%
Office building
$525,000
+389.0%
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 Eden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eden 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%
$1,135,000
6.5%
$1,050,000
7%
$975,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$985,000
Change: +812% · Conversion: Easy
MEDICAL BUILDING
$555,000
Change: +414% · Conversion: Difficult
OFFICE BUILDING
$525,000
Change: +389% · Conversion: Moderate
AUTO REPAIR, GARAGE
$500,000
Change: +364% · Conversion: Difficult
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$159 / 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
$5,685
Tax year 2023
Assessed value
$435,993
Assessed 2023
Previous assessed
$435,993
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$162,500
Assessed improvement
$273,493
Land market value
$162,500
Improvement market value
$273,493
Total market value
$435,993
Applied tax rate
102.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Total area
5,070 SF
Lot
10 ac (435,600 SF)
Zoning code
LIGHT INDUSTRIAL EDEN
APN
7080-00-78-5294-00
UPID
US53-2061557
Jurisdiction
ROCKINGHAM
Zoning & alternative use
LIGHT INDUSTRIAL EDEN · Eden, NC
Zoning LIGHT INDUSTRIAL EDEN · permitted uses
LIGHT INDUSTRIAL EDEN · Eden, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$985,000
MEDICAL BUILDING
Est. value
$555,000
OFFICE BUILDING
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$500,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1994
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
10 ac
Current owner
From public records · entity-resolved
Flmr Properties LLC
Entity
Free & Clear · 16 yrs held
Mailing address
1814 HOLLINS RD NE, ROANOKE, VA 24012-5358
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2009
$432,000
Flmr Properties LLC
Aiken Summit Investments LLC
Grant Deed
—
Sep 28, 2009
$1,000,000
Lsb Properties INC
Maddrey Joseph G
Trustees 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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