Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5615 Us 401st S Hwy Youngsville, NC 27596-9003
    Back to Search
    Property profile & analytics

    5615 Us 401st S Hwy, Youngsville, NC 27596-9003

    View on Map
    • Grocery and convenience stores
    • 2,310 SF
    • 1.80 lot acres
    Off-Market
    Last Sale Jul 31, 2024
    $625,000
    Property ID
    US53-2223583
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $625,000
    Show details
    Cap Rate Potential
    7.4%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 5615 Us 401st S Hwy

    Year built
    1995
    Lot size
    1.80 lot acres
    Zone code
    FCO NB
    Property type
    Grocery and convenience stores
    APN
    30639
    APU
    30639

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 31, 2024 $625,000 Novel Land LLC Excursions LLC Warranty Deed $440k · Pinnacle Bank
    Jul 19, 2005 $450,000 Excursions LLC Ct Property Management INC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $625,000
      ML approach
      $625,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $770,000
      6.5%
      $710,000
      7%
      $660,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Youngsville
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.3939
    Latitude
    35.974
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,041
    $140,400
    $204,470
    $344,870
    -
    $140,400
    $204,470
    $344,870

    Comparable in this City

    • Value Estimation
      $5,540,000
      34,176 SF

      1120 Us 1st Hwy, Unit 1130

      GROCERY, SUPERMARKET
      1120 Us 1st Hwy, Youngsville, NC 27596-8607
      View Details
    • Value Estimation
      $1,075,000
      5,715 SF

      564 Us 1st Hwy

      CONVENIENCE STORE
      564 Us 1st Hwy, Youngsville, NC 27596-9184
      View Details
    • Value Estimation
      $1,040,000
      3,600 SF

      130 Main St

      CONVENIENCE STORE
      130 Main St, Youngsville, NC 27596-9101
      View Details
    • Value Estimation by Request
      2,400 SF

      5535 Nc 96th W Hwy

      CONVENIENCE STORE
      5535 Nc 96th W Hwy, Youngsville, NC 27596-8656
      View Details
    • Value Estimation
      $2,380,000
      3,612 SF

      6740 Nc 96th W Hwy

      CONVENIENCE STORE
      6740 Nc 96th W Hwy, Youngsville, NC 27596-8624
      View Details
    • Value Estimation
      $1,065,000
      3,480 SF

      5703 Nc 96th W Hwy

      CONVENIENCE STORE
      5703 Nc 96th W Hwy, Youngsville, NC 27596-8655
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,012 SF

      Dollar General Investment Opportunity

      Dollar General property with lease and extension options for sale.
      5174 Us-401, Youngsville, NC 27596
      View Details
    • Contact for pricing
      160 SF

      Retail Space For Sale

      Retail space available with corporate guarantee and 6.2% CAP.
      160 Jeffrey Way, Youngsville, NC 27596
      View Details
    • Contact for pricing

      Mixed-Use Corner Tract on Highway

      5.2-acre mixed-use parcel with 1,080 feet of highway frontage.
      100 Ag Dr, Youngsville, NC 27596
      View Details
    • $5,000,000
      5.20 Acres

      Mixed-Use Land with Highway Frontage

      5.2-acre mixed-use parcel with 1,080 feet of highway frontage.
      100 Ag Dr, Youngsville, NC 27596
      View Details
    • $3,500,000
      31.00 Acres

      Youngsville Commercial Land Investment

      High-traffic US-1, Mixed-Use Zoning
      Cleghorn Us 1 Hwy, Youngsville, NC 27596
      View Details
    • Contact for pricing

      Farm Land with Two Ponds

      Farm land with ponds near Youngsville, NC, ready for building.
      917 John Mitchell Rd, Youngsville, NC 27596
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      59,316 SF

      Prime Youngsville Office Building

      59,316 SF Office, 70 Parking Spaces
      100 Hunter Pl, Youngsville, NC 27596
      View Details
    • Contact for pricing
      3,200 SF

      Youngsville Flex/Industrial Space Available

      3200 sqft flex/industrial space for rent in Youngsville, NC.
      930 Park Ave, Youngsville, NC 27596
      View Details
    • $16 SF/Yr
      9,600 SF

      Flex/Industrial Space in Youngsville

      Flex and industrial spaces available in Youngsville Commerce Center.
      50 Mosswood Blvd, Youngsville, NC 27596
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5615 Us 401st S Hwy
    Youngsville, NC 27596-9003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5615 Us 401st S Hwy, Youngsville, NC, 27596
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!