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Property profile & analytics
OFF-MARKET
Commercial land
700 Main St, Landis, NC 28088
Individually Owned
Absentee Owner
Free & Clear
Property ID
US53-2390803
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1925
Total area
700 SF
Lot
0.55 ac (23,958 SF)
Zoning code
CBI
APN
163 090
UPID
US53-2390803
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
Judy S Walton
Judy S Walton
since 2026
4 recorded transactions
Zoning & alternative use
CBI · Landis, 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 Landis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Landis 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
$558
Tax year 2023
Assessed value
$89,713
Assessed 2023
Previous assessed
$75,161
+19.4% YoY
Effective rate
0.62%
On assessed value
Assessed land
$87,313
Assessed improvement
$2,400
Land market value
$87,313
Improvement market value
$2,400
Total market value
$89,713
Applied tax rate
138.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1925
Heating
BASEBOARD
Stories
1
Bathrooms
1
Total area
700 SF
Lot
0.55 ac (23,958 SF)
Zoning code
CBI
APN
163 090
UPID
US53-2390803
Jurisdiction
ROWAN
Zoning & alternative use
CBI · Landis, NC
Zoning CBI · permitted uses
CBI · Landis, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Landis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
BASEBOARD
Stories
1
Bathrooms
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Judy S Walton
Individual
Free & Clear · 0 yrs held
Mailing address
630 N MAIN ST, LANDIS, NC 28088-1032
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2026
—
Judy S Walton
Michael P Walton
Deed
related
—
Mar 6, 2017
$81,000
Michael P Walton
Beaver,juanita A
Warranty Deed
—
Apr 2, 2009
—
Juanita A Beaver
Allman,mildred C
Warranty Deed
—
Apr 1, 2009
—
Juanita Allman Beaver
Allman,mildred C
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.
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