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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Retail space
515 Atkins St Dobson, NC 27017-8704
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-4445838
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
WOOD
Total area
1,272 SF
Lot
0.86 ac (37,462 SF)
Zoning code
R8A
APN
4996-11-57-0131
UPID
US53-4445838
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
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Fadel Properties LLC · 2 yrs held
Fadel Properties LLC
since 2023
Last sale
$495,000
1 recorded transaction
Zoning & alternative use
R8A · Dobson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the R-8A Multifamily Residential District is to provide areas for high density residential development such as apartments and condominiums. It is expected that both public water and sewer will be available within the corporate limits
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
102.62 ac
Source
Realmo
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 Dobson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dobson 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
$545,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $495k (Sep 15 2023)
Last sale anchor
$495k
Sep 15 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
$405 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,625
Tax year 2024
Assessed value
$440,460
Assessed 2024
Previous assessed
$418,090
+5.4% YoY
Effective rate
1.05%
On assessed value
Assessed land
$140,000
Assessed improvement
$300,460
Land market value
$140,000
Improvement market value
$300,460
Total market value
$440,460
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
1,272 SF
Lot
0.86 ac (37,462 SF)
Zoning code
R8A
APN
4996-11-57-0131
UPID
US53-4445838
Jurisdiction
SURRY
Zoning & alternative use
R8A · Dobson, NCZoning R8A · permitted uses
R8A · Dobson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the R-8A Multifamily Residential District is to provide areas for high density residential development such as apartments and condominiums. It is expected that both public water and sewer will be available within the corporate limits
Zone name
Multifamily Residential
General category
RESIDENTIAL
Zone area
102.62 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
0.86 ac
Current owner
From public records · entity-resolved
Fadel Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
314 SANFORD AVE, MOCKSVILLE, NC 27028-2914
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2023
—
Fadel Properties LLC
Beverly V Peele
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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