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Property profile & analytics
OFF-MARKET
Retail space
604 Atkins St Dobson, NC 27017-8705
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US53-4593343
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Construction
WOOD
Total area
3,200 SF
Lot
0.63 ac (27,443 SF)
Zoning code
B2
APN
4996-11-56-1661
UPID
US53-4593343
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Karoline Properties LLC · 19 yrs held
Karoline Properties LLC
since 2006
2 recorded transactions
Zoning & alternative use
B2 · Dobson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the B-2 Highway Business District is to provide areas along thoroughfares and collector streets for commercial uses, particularly the sales of retail goods and provision of services.
Zone name
Highway Business
General category
COMMERCIAL
Zone area
240.91 ac
Source
Realmo
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 Dobson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dobson 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,875
Tax year 2024
Assessed value
$292,810
Assessed 2024
Previous assessed
$292,810
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$160,000
Assessed improvement
$132,810
Land market value
$160,000
Improvement market value
$132,810
Total market value
$292,810
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
2002
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
3,200 SF
Lot
0.63 ac (27,443 SF)
Zoning code
B2
APN
4996-11-56-1661
UPID
US53-4593343
Jurisdiction
SURRY
Zoning & alternative use
B2 · Dobson, NCZoning B2 · permitted uses
B2 · Dobson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the B-2 Highway Business District is to provide areas along thoroughfares and collector streets for commercial uses, particularly the sales of retail goods and provision of services.
Zone name
Highway Business
General category
COMMERCIAL
Zone area
240.91 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Karoline Properties LLC
Entity
Mailing address
PO BOX 451, DOBSON, NC 27017-0451
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
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
Oct 8, 2021
—
Karoline Properties LLC
—
Deed
related
$65,000 · Self Help Vntrs Fund
Sep 25, 2006
$300,000
Karoline Properties LLC
Robert Allen Holder
Warranty Deed
$459,000 · Bank Of The Carolinas
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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