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Property profile & analytics
OFF-MARKET
Outlet malls
506 Sutters Crk Blvd, Rocky Mount, NC 27804-8437
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2569565
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1988
Construction
CONCRETE BLOCKS
Total area
113,921 SF
Lot
7.82 ac (340,639 SF)
Zoning code
B2
APN
385005-29-1645
UPID
US53-2569565
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Group Sutters Creek LLC · 3 yrs held
The Group Sutters Creek LLC
since 2023
Last sale
$11.8M
5 recorded transactions
Zoning & alternative use
B2 · Rocky Mount, 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 Rocky Mount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky Mount 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$39,027
Tax year 2024
Assessed value
$4,249,250
Assessed 2024
Previous assessed
$4,249,250
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$1,564,000
Assessed improvement
$2,685,250
Land market value
$1,564,000
Improvement market value
$2,685,250
Total market value
$4,249,250
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1988
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Total area
113,921 SF
Lot
7.82 ac (340,639 SF)
Zoning code
B2
APN
385005-29-1645
UPID
US53-2569565
Jurisdiction
NASH
Zoning & alternative use
B2 · Rocky Mount, NC
Zoning B2 · permitted uses
B2 · Rocky Mount, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky Mount. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Lot
7.82 ac
Current owner
From public records · entity-resolved
The Group Sutters Creek LLC
Entity
Mailing address
175 GREAT NCK RD STE #201, GREAT NECK, NY 11021-3351
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2023
$11,800,000
The Group Sutters Creek LLC
Rocky Fields LLC
Special Warranty Deed
$8,500,000 · Standard Insurance Co
Sep 13, 2016
$5,100,000
Rocky Fields LLC
Dailey R Rocky Mount LLC
Special Warranty Deed
$3,570,000 · Wells Fargo Bank NA
Dec 8, 2006
—
Dasch INC
1030 Dearborn LP
Deed
$3,185,000 · Lasalle Bank NA
Oct 16, 2006
—
Dailey T Rocky Mount LLC
Pegasus Group
Special Warranty Deed
—
Jul 3, 2006
$4,675,000
Pegasus Group
1030 Dearborn LP
Special Warranty 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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