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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Grocery and convenience stores
511 Main St, Biscoe, NC 27209-9779
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-4370061
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1992
Total area
3,300 SF
Lot
5.14 ac (223,898 SF)
Zoning code
CONVENIENCE STORE
APN
7568 12 97 9386
UPID
US53-4370061
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
-
ATM (Quik Chek Inc) Atm
-
Quik Chek Grocery & Convenience Store
-
Sunoco Gas Station
-
SAM Check Cashing Machine Check Cashing
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.23M
Owner & transaction history
Fuel Smart 16 INC · 3 yrs held
Fuel Smart 16 INC
since 2023
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
CONVENIENCE STORE · Biscoe, 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 Biscoe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Biscoe 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
$1,265,000
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.54M (Jul 27 2021)
Last sale anchor
$1.54M
Jul 27 2021
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
$373 / 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
Property tax & assessments
Assessed value
$753,367
Assessed 2024
Previous assessed
$753,367
+0.0% YoY
Assessed land
$414,583
Assessed improvement
$338,784
Land market value
$414,583
Improvement market value
$338,784
Total market value
$753,367
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1992
Heating
RADIANT
Cooling
CENTRAL
Stories
1
Total area
3,300 SF
Lot
5.14 ac (223,898 SF)
Zoning code
CONVENIENCE STORE
APN
7568 12 97 9386
UPID
US53-4370061
Jurisdiction
MONTGOMERY
Zoning & alternative use
CONVENIENCE STORE · Biscoe, NC
Zoning CONVENIENCE STORE · permitted uses
CONVENIENCE STORE · Biscoe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Biscoe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
RADIANT
Cooling
Yes
Stories
1
Lot
5.14 ac
Current owner
From public records · entity-resolved
Fuel Smart 16 INC
Entity
Free & Clear · 3 yrs held
Mailing address
30 N LA SALLE ST STE #4140, CHICAGO, IL 60602-2900
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2023
—
Fuel Smart 16 INC
Mex Re Se Nc LLC
Lease
—
Jul 27, 2021
$1,536,000
Mountain Portfolio Owner Nc LLC
United Nc Properties LLC
Special Warranty Deed
—
Jan 27, 2006
$886,000
United Nc Properties LLC
Dozier Properties INC
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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