Entity Owned Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1977
Total area
24,000 SF
Lot
5.73 ac (249,381 SF)
Zoning code
GB
APN
13298
UPID
US53-2657547
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bank Credit Union
-
Grocery & Convenience Store Food Market
-
Bank Credit Union
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.62M
CAP Approach
CAP
$4.43M
Comparable Approach
Comparable
$3.39M
Blend (final)
Blend
$3.53M
Owner & transaction history
since 2020
Last sale
$2.9M
2 recorded transactions
Zoning & alternative use
GB · Kings Mountain, NC
Top alternative use upside
Restaurant
$4.8M
+117.5%
Medical building
$3.3M
+51.0%
Auto repair, garage
$3.0M
+35.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.53M
Value range
$3.18M – $3.88M
±10% around blend
Estimated value / SF
$147 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$3.18M
blend $3.53M
$3.88M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
24,000 SF
Lot area
5.73 ac
Year built
1977
Stories
1
APN
13298
Zoning
GB
Assessed value
$2,259,135
Annual tax
$26,375
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.43M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.80M
@ 6.5% CAP return
$4.43M
@ 7% CAP return
$4.11M
4
Sales comparison
Partial preview
Sales approach indication
$3.39M
Range $856k – $3.39M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.53M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 63 sales
$91
+62%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $147/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+117%
vs current-use indication
Medical Building
Auto Repair, Garage
Office Building
Retail Stores · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
8.10%
Implied, in-place cap rate for this grocery and convenience stores
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.10%
9.0%
NOI (est.)
$205k *
Last sale · Apr 2020
$2.93M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.53M
Move the market yield to see immediate price impact.
Value / SF
$105
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.60%8.10%8.60%
$184k
$2.42M
$2.28M
$2.14M
$205k
$2.69M
$2.53M
$2.38M
$225k
$2.96M
$2.78M
$2.62M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$26,375
Tax year 2024
Assessed value
$2,259,135
Assessed 2023
Previous assessed
$2,259,135
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$769,440
Assessed improvement
$1,489,695
Land market value
$769,440
Improvement market value
$1,489,695
Total market value
$2,259,135
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1977
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Total area
24,000 SF
Lot
5.73 ac (249,381 SF)
Zoning code
GB
APN
13298
UPID
US53-2657547
Jurisdiction
CLEVELAND
Zoning & alternative use
GB · Kings Mountain, NCZoning GB · permitted uses
GB · Kings Mountain, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
4
Lot
5.73 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GB
Jurisdiction
Kings Mountain, NC
Recorded code
GB
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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