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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Super regional malls
500 Reilly Rd, Fayetteville, NC 28303-2488
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-2152953
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2001
Total area
17,593 SF
Lot
2.15 ac (93,654 SF)
Zoning code
LC
APN
9498-69-9326
UPID
US53-2152953
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
-
Boho Blondes Studio Hair Salon
-
MMA - Element Grappling Training Center Sports School
-
Southern Customs Tattoo Company Tattoo & Piercing Shop
-
Creations of Elegance Hair Salon
-
Wana Navu Kava Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$1.87M
Owner & transaction history
Bragg Shops Plaza LLC A North Carol · 8 yrs held
Bragg Shops Plaza LLC A North Carol
since 2018
6 recorded transactions
Zoning & alternative use
LC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.0M
+27.7%
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,320,000
Current use
MEDICAL BUILDING
$2,965,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$2,075,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±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
$106 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$24,981
Tax year 2019
Assessed value
$1,625,120
Assessed 2023
Previous assessed
$1,625,120
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$450,469
Assessed improvement
$1,174,651
Land market value
$450,469
Improvement market value
$1,174,651
Total market value
$1,625,120
Applied tax rate
1,000.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2001
Heating
WOOD FURNACE
Buildings
2
Stories
1
Bathrooms
14
Total area
17,593 SF
Lot
2.15 ac (93,654 SF)
Zoning code
LC
APN
9498-69-9326
UPID
US53-2152953
Jurisdiction
CUMBERLAND
Zoning & alternative use
LC · Fayetteville, NC
Zoning LC · permitted uses
LC · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
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
2001
Heating
WOOD FURNACE
Stories
1
Buildings
2
Bathrooms
14
Lot
2.15 ac
Current owner
From public records · entity-resolved
Bragg Shops Plaza LLC A North Carol
Entity
Mailing address
PO BOX 2048, RAEFORD, NC 28376-4048
Ownership since
2018
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
Aug 3, 2021
—
Bragg Shops Plaza LLC
—
Deed
related
$470,000 · First Capital Bank
Apr 3, 2018
$1,800,000
Bragg Shops Plaza LLC A North Carol
River Name Properties LLC A North C
Warranty Deed
$1,440,000 · Select Bank & Trust Company
Jan 23, 2012
$1,410,000
River Name Properties LLC
The Bragg Shops LLC
Warranty Deed
—
Oct 12, 2006
—
Bragg Shops LLC
Prieto,jose & Juana
Warranty Deed
$1,300,000 · Wachovia Bank NA
Oct 26, 2004
—
Jose Prieto
—
Trustees Deed
related
$914,000 · First South Bank
—
—
Jose Prieto
—
Deed Of Trust
related
$1,043,500 · New Century Bank Fayetteville
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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