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Property profile & analytics
OFF-MARKET
Estimated value
$1,580,000
Strip malls
4630 Hwy 74 Monroe, NC 28110-8466
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-0075820
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Total area
10,560 SF
Lot
1.01 ac (43,996 SF)
Zoning code
GB MONROE
APN
09-363-006
UPID
US53-0075820
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
-
Nutrition and Energy Gym & Fitness Center
-
PRO SYSTEMS USA LLC Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.58M
Owner & transaction history
Ganam Enterprise LLC · 1 yrs held
Ganam Enterprise LLC
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
GB MONROE · Monroe, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+53.1%
Industrial (general)
$2.2M
+38.8%
Office building
$1.9M
+20.3%
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$1,715,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,600,000
Current use
COMMERCIAL (GENERAL)
$2,450,000
Change: +53% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,225,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$1,925,000
Change: +20% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,675,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.58M
Range $1.42M – $1.74M · ±10% · vs last sale $1.54M (Aug 1 2023)
Last sale anchor
$1.54M
Aug 1 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
$150 / 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
$11,041
Tax year 2023
Assessed value
$1,012,500
Assessed 2023
Previous assessed
$1,012,500
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$333,300
Assessed improvement
$679,200
Land market value
$333,300
Improvement market value
$679,200
Total market value
$1,012,500
Applied tax rate
200.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2000
Heating
YES
Stories
1
Rooms
5
Total area
10,560 SF
Lot
1.01 ac (43,996 SF)
Zoning code
GB MONROE
APN
09-363-006
UPID
US53-0075820
Jurisdiction
UNION
Zoning & alternative use
GB MONROE · Monroe, NC
Zoning GB MONROE · permitted uses
GB MONROE · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2000
Heating
YES
Stories
1
Rooms
5
Lot
1.01 ac
Current owner
From public records · entity-resolved
Ganam Enterprise LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4086 BLOSSOM HL DR, MATTHEWS, NC 28104-7715
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
—
Ganam Enterprise LLC
Itac 528 LLC
Quit Claim Deed
related
—
Aug 1, 2023
$1,540,000
Itac 528 LLC
Blueworld Investments LLC
Warranty Deed
$1,554,251 · Ganam Ebterprise LLC
Apr 27, 2021
$1,060,000
Blueworld Investment LLC
Roberts Properties Of Monroe LLC
Warranty Deed
$560,000 · Roberts Properties Of Monroe LLC
Oct 20, 2010
$450,000
Roberts Properties Of Monroe LLC
Simpson,david T JR
Trustees Deed
$387,600 · Citizens South Bank
Apr 27, 2004
$734,500
Southside Investment Group LLC
Craft Commercial LLC
Warranty Deed
$688,000 · F & M Bank
Apr 26, 2004
$734,500
Southside Investment Group
Craft Commercial
Trustees Deed
—
Dec 18, 2000
—
Glenn D Cuthbertson
Craft Homes USA
Grant Deed
related
—
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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