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Property profile & analytics
OFF-MARKET
Estimated value
$13,900,000
Community centers
550 Sutters Crk Blvd Rocky Mount, NC 27804-8437
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2654962
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Construction
CONCRETE BLOCKS
Total area
95,646 SF
Lot
8.44 ac (367,646 SF)
Zoning code
B2
APN
385005-19-8487
UPID
US53-2654962
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
$19.26M
CAP Approach
CAP
$14.89M
Comparable Approach
Comparable
$11.75M
Blend (final)
Blend
$13.90M
Owner & transaction history
The Group Sutters Creek LLC · 3 yrs held
The Group Sutters Creek LLC
since 2023
Last sale
$11.8M
4 recorded transactions
Zoning & alternative use
B2 · Rocky Mount, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$23.0M
+60.0%
Commercial (general)
$19.5M
+35.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
$19,260,000
CAP Approach
CAP Return
Estimation
6%
$16,135,000
6.5%
$14,890,000
7%
$13,830,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$14,385,000
Current use
RETAIL STORES
$23,020,000
Change: +60% · Conversion: Easy
COMMERCIAL (GENERAL)
$19,475,000
Change: +35% · Conversion: Easy
Blend value · Realmo final
$13.90M
Range $12.51M – $15.29M · ±10% · vs last sale $11.80M (Jun 13 2023)
Last sale anchor
$11.80M
Jun 13 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
$145 / 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
$37,157
Tax year 2024
Assessed value
$4,054,150
Assessed 2024
Previous assessed
$4,054,150
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$1,688,000
Assessed improvement
$2,366,150
Land market value
$1,688,000
Improvement market value
$2,366,150
Total market value
$4,054,150
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Total area
95,646 SF
Lot
8.44 ac (367,646 SF)
Zoning code
B2
APN
385005-19-8487
UPID
US53-2654962
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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$14.4M
RETAIL STORES
Est. value
$23.0M
COMMERCIAL (GENERAL)
Est. value
$19.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
1988
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Lot
8.44 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
4 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 10, 2020
$6,000,000
Rocky Fields LLC
Rocky Mount M LLC
Special Warranty Deed
—
Sep 10, 2020
—
Rocky Fields LLC
Rocky Mount M LLC
Deed
—
Jun 2, 2005
$3,100,000
Rocky Mount M LLC
Btc 97 Sp LLC
Warranty Deed
$2,500,000 · Sutters Realty LLC
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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