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Property profile & analytics
OFF-MARKET
Estimated value
$28,040,000
Retail space
5635 Riverdale Dr, Jamestown, NC 27282-9171
Entity Owned
17-yr Hold
Free & Clear
Property ID
US53-1667329
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
227,904 SF
Lot
46.12 ac (2,008,987 SF)
Zoning code
CU-HB
APN
160995
UPID
US53-1667329
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
-
Starbucks Cafe & Coffee Shop
-
high point Furniture & Home Goods Home Decor Store
-
Karen Beveridge Interior Design Interior Design Home Decor Store
-
High Point Style by Missy Caulk Interior Design Home Decor Store
-
Furnitureland South Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$32.02M
Comparable Approach
Comparable
$22.58M
Blend (final)
Blend
$28.04M
Owner & transaction history
Hip II LLC · 17 yrs held
Hip II LLC
since 2008
2 recorded transactions
Zoning & alternative use
CU-HB · Jamestown, 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 Jamestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jamestown 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%
$34,690,000
6.5%
$32,020,000
7%
$29,735,000
Alternative Use
Use
Estimation
RETAIL STORES
$44,590,000
Current use
Blend value · Realmo final
$28.04M
Range $25.24M – $30.84M · ±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
$123 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$311,498
Tax year 2023
Assessed value
$35,899,300
Assessed 2023
Previous assessed
$35,899,300
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$2,767,500
Assessed improvement
$33,131,800
Land market value
$2,767,500
Improvement market value
$33,131,800
Total market value
$35,899,300
Applied tax rate
64.0000
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
1989
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
7
Stories
3
Rooms
2
Bathrooms
38
Total area
227,904 SF
Lot
46.12 ac (2,008,987 SF)
Zoning code
CU-HB
APN
160995
UPID
US53-1667329
Jurisdiction
GUILFORD
Zoning & alternative use
CU-HB · Jamestown, NC
Zoning CU-HB · permitted uses
CU-HB · Jamestown, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jamestown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$44.6M
RETAIL STORES Current
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
1989
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
7
Rooms
2
Bathrooms
38
Lot
46.12 ac
Current owner
From public records · entity-resolved
Hip II LLC
Entity
Free & Clear · 17 yrs held
Mailing address
PO BOX 1550, JAMESTOWN, NC 27282-1550
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2008
—
Hip II LLC
Harris,a Darrell
Grant Deed
related
—
Oct 14, 2005
—
Harris,andrew D & Stella S
Harris,andrew D & Stella S
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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