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Property profile & analytics
OFF-MARKET
Strip malls
610 Main St Rockwell, NC 28138-9414
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-1466841
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
17,600 SF
Lot
2.09 ac (91,040 SF)
Zoning code
M1
APN
362 030
UPID
US53-1466841
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
-
hAlo hair & tanning salon Hair Salon
-
Alpha Italian Restaurant Restaurant
-
COUNTRY PHARMACY INC Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
Main street tobacco and vapes (Bike/Boat/Book/etc) Store
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
Yohannes Matheos · 6 yrs held
Yohannes Matheos
since 2019
6 recorded transactions
Zoning & alternative use
M1 · Rockwell, 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 Rockwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockwell 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,830
Tax year 2023
Assessed value
$1,426,007
Assessed 2023
Previous assessed
$1,211,270
+17.7% YoY
Effective rate
1.04%
On assessed value
Assessed land
$299,880
Assessed improvement
$1,126,127
Land market value
$299,880
Improvement market value
$1,126,127
Total market value
$1,426,007
Applied tax rate
109.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Heating
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
17,600 SF
Lot
2.09 ac (91,040 SF)
Zoning code
M1
APN
362 030
UPID
US53-1466841
Jurisdiction
ROWAN
Zoning & alternative use
M1 · Rockwell, NC
Zoning M1 · permitted uses
M1 · Rockwell, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockwell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
CENTRAL
Stories
1
Units
1
Bathrooms
2
Lot
2.09 ac
Current owner
From public records · entity-resolved
Yohannes Matheos
Individual
Mailing address
2808 MONTERREY LN, MONROE, NC 28110-7860
Ownership since
2019
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
Dec 12, 2019
$1,540,000
Yohannes Matheos
Mccammon Prop Concord III LLC
Grant Deed
—
Aug 8, 2019
—
Mccammon Properties Concord III LLC
—
Deed
related
$1,117,789 · Truliant FCU
Nov 10, 2008
$1,590,000
Mccammon Properties Concord III LLC
Rdk Commercial Investments I LLC
Warranty Deed
$1,192,500 · Branch Banking And Trust Co
Nov 6, 2008
$1,590,000
Properties Concord Mccammon II
Rdk Commercial Investments
Grant Deed
$1,192,500 · Branch Banking & Trust Co
Sep 1, 2006
$1,425,000
Rdk Commercial Invs I LLC
Dg Holdings LLC
Grant Deed
$1,211,250 · First Charter Bank
Aug 29, 2006
—
Rdk Commerical Investments LLC
D G Holdings LLC
Grant 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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