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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Retail residential properties
5440 Trade St Hope Mills, NC 28348-1919
Individually Owned
3-yr Hold
Free & Clear
Property ID
US53-1035009
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1900
Total area
3,616 SF
Lot
3.27 ac (142,441 SF)
Zoning code
C3
APN
0414-54-5657
UPID
US53-1035009
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
-
Unique Flooring & Interiors Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$720k
Owner & transaction history
Peggy J Johnson · 3 yrs held
Peggy J Johnson
since 2022
3 recorded transactions
Zoning & alternative use
C3 · Hope Mills, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$615,000
+50.0%
Office building
$565,000
+38.4%
Auto repair, garage
$550,000
+34.0%
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 Hope Mills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hope Mills 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%
$715,000
6.5%
$660,000
7%
$615,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$615,000
Change: +50% · Conversion: Easy
OFFICE BUILDING
$565,000
Change: +38% · Conversion: Easy
AUTO REPAIR, GARAGE
$550,000
Change: +34% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$475,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$199 / 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
$15,709
Tax year 2019
Assessed value
$1,071,104
Assessed 2023
Previous assessed
$1,112,064
-3.7% YoY
Effective rate
1.47%
On assessed value
Assessed land
$579,619
Assessed improvement
$491,485
Land market value
$579,619
Improvement market value
$491,485
Total market value
$1,071,104
Applied tax rate
2,000.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
YES
Buildings
5
Stories
2
Bathrooms
3
Total area
3,616 SF
Lot
3.27 ac (142,441 SF)
Zoning code
C3
APN
0414-54-5657
UPID
US53-1035009
Jurisdiction
CUMBERLAND
Zoning & alternative use
C3 · Hope Mills, NC
Zoning C3 · permitted uses
C3 · Hope Mills, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hope Mills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$615,000
OFFICE BUILDING
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$550,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$475,000
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1900
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
5
Bathrooms
3
Lot
3.27 ac
Current owner
From public records · entity-resolved
Peggy J Johnson
Individual
Free & Clear · 3 yrs held
Mailing address
PO BOX 198, ERWIN, NC 28339-0198
Ownership since
2022
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
Aug 22, 2022
—
Peggy J Johnson
Peggy J Johnson
Intrafamily Transfer
related
—
Apr 8, 2005
—
Preston Johnson
Johnson,preston
Quit Claim Deed
related
—
Oct 5, 2004
—
Owner Name Unavailable
Johnson,william P & Peggy J
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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