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Property profile & analytics
OFF-MARKET
Estimated value
$2,555,000
Turn key restaurants
550 Wesleyan Blvd, Rocky Mount, NC 27804-1754
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2812050
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2018
Construction
FRAME
Total area
4,157 SF
Lot
0.81 ac (35,284 SF)
Zoning code
B3
APN
384012-86-5559
UPID
US53-2812050
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
-
Carolina Clean Diesel Auto Repair Shop
-
Heavy Duty Cooling Parts Auto Parts Store Big Box & Wholesale Store
-
Starbucks Cafe & Coffee Shop
-
Rocky Mount Radiator & A/C Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.64M
Blend (final)
Blend
$2.56M
Owner & transaction history
Rocky Gama LLC · 7 yrs held
Rocky Gama LLC
since 2018
6 recorded transactions
Zoning & alternative use
B3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$2,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.56M
Range $2.30M – $2.81M · ±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
$615 / 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
$6,506
Tax year 2024
Assessed value
$816,110
Assessed 2024
Previous assessed
$816,110
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$321,080
Assessed improvement
$495,030
Land market value
$321,080
Improvement market value
$495,030
Total market value
$816,110
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2018
Construction
FRAME
Heating
NONE
Cooling
CENTRAL
Total area
4,157 SF
Lot
0.81 ac (35,284 SF)
Zoning code
B3
APN
384012-86-5559
UPID
US53-2812050
Jurisdiction
NASH
Zoning & alternative use
B3 · Rocky Mount, NC
Zoning B3 · permitted uses
B3 · 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
2018
Construction
FRAME
Heating
NONE
Cooling
Yes
Lot
0.81 ac
Current owner
From public records · entity-resolved
Rocky Gama LLC
Entity
Mailing address
201 SAGER RD, BRICK, NJ 08723-6629
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2018
$2,394,000
Rocky Gama LLC
Mrea Rocky Mount I LLC
Special Warranty Deed
$1,795,350 · Providence Bank
Oct 4, 2017
—
Mrea Rocky Mount 1 LLC
Smz Corp
Warranty Deed
$1,500,000 · Pinnacle Bank
Oct 4, 2017
$255,000
Mrea Rocky Mount I LLC
Smz Corp
Special Warranty Deed
—
Jun 30, 2017
—
Mrea Rocky Mount II LLC
—
Deed
related
$283,000 · Bank Of North Carolina
Nov 4, 2013
$188,773
S M Z Corp
Michael Lee Cook
Trustees Deed
related
—
May 11, 2012
$500,000
Michael Lee Cook
S M Z Corp
Warranty Deed
$300,000 · Providence Bank
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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