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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Retail space
6549 Morehead Rd Harrisburg, NC 28075-8492
Entity Owned
1-yr Hold
Property ID
US53-0834152
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,464 SF
Lot
0.41 ac (17,922 SF)
Zoning code
O-I
APN
5507 46 6458
UPID
US53-0834152
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
-
Mission Field Property Management Property Management Company
-
PRESPRO Homes and Neighborhoods Construction Company General Contractor
-
Realty Point Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
JR Holdings LLC · 1 yrs held
JR Holdings LLC
since 2024
Last sale
$799,000
7 recorded transactions
Zoning & alternative use
O-I · Harrisburg, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
O-I, Office and Institutional PID, Public Improvement District NC, Neighborhood Commercial Commercial Neighborhood Oriented Commercial Provide small areas for low- intensity nonresidential development, designed in scale with surrounding residential uses, and reflecting the economic needs of residents and business owners. The district is ideally located at th…
Zone name
Office And Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
452.32 ac
Top alternative use upside
Medical building
$545,000
+85.2%
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 Harrisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrisburg 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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$545,000
Change: +85% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $799k (Dec 13 2024)
Last sale anchor
$799k
Dec 13 2024
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
$325 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,894
Tax year 2024
Assessed value
$394,890
Assessed 2024
Previous assessed
$401,760
-1.7% YoY
Effective rate
0.99%
On assessed value
Assessed land
$297,260
Assessed improvement
$97,630
Land market value
$297,260
Improvement market value
$97,630
Total market value
$394,890
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
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,464 SF
Lot
0.41 ac (17,922 SF)
Zoning code
O-I
APN
5507 46 6458
UPID
US53-0834152
Jurisdiction
CABARRUS
Zoning & alternative use
O-I · Harrisburg, NCZoning O-I · permitted uses
O-I · Harrisburg, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
O-I, Office and Institutional PID, Public Improvement District NC, Neighborhood Commercial Commercial Neighborhood Oriented Commercial Provide small areas for low- intensity nonresidential development, designed in scale with surrounding residential uses, and reflecting the economic needs of residents and business owners. The district is ideally located at the intersections of collector streets. B-1, Neighborhood Commercial Code of Ordinances Harrisburg, NC TITLE XV: Chapter 140, §140.01 - Page 6 Table 140.01.03-1, Zoning Districts Zoning District HALUP Future Land Use Category Development Type Purpose Former Zoning District GC, General Commercial Light Commercial and Institutional Provide areas for indoor commercial and some institutional uses in well- designed development sites that provide excellent transportation access, make the most efficient use of existing infrastructure, and provide for an orderly transition between the NC district and more intense districts. Development sites and buildings are of greater height and impervious surface, and provide for more auto-intensive establishments, than the NC district. Parking is largely accommodated by
Zone name
Office And Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
452.32 ac
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$545,000
MEDICAL BUILDING
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
JR Holdings LLC
Entity
Mailing address
6549 MOREHEAD RD, HARRISBURG, NC 28075-8492
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
$799,000
JR Holdings LLC
Journey Investment Group LLC
Special Warranty Deed
$926,600 · Paragon Bank
Feb 7, 2022
—
Journey Investment Group LLC
—
Deed
related
$404,000 · Farmers & Merchants Bank
Oct 15, 2021
$390,000
Jouney Investment Group LLC
N E Himebaugh Realty LLC
Warranty Deed
—
Aug 2, 2018
—
Ne Himebaugh Realty LLC
—
Deed
related
$192,000 · South St Bk
Jul 6, 2007
—
Ne Himebaugh Realty LLC
Himebaugh,norman E & Karen A
Quit Claim Deed
—
Feb 10, 2000
—
Norman E Himebaugh
Bnb Marketing In
Grant Deed
related
—
Oct 27, 1999
$150,000
Bnb Marketing INC
Cox,leonard L
Grant Deed
—
—
—
N E Himebaugh Realty LLC
—
Deed Of Trust
related
$170,000 · Ncbt
—
—
Ne Himebaugh Realty LLC
—
Deed Of Trust
related
$121,786 · First Charter Bank
—
—
Ne Himebaugh Realty LLC
—
Deed Of Trust
related
$192,000 · South St Bk
—
—
Ne Himebaugh Realty LLC
—
Deed Of Trust
related
$185,000 · Branch Banking & Trust Co
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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