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Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Grocery and convenience stores
8117 Us Hwy 117th S, Rocky Point, NC 28457-9386
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-2297010
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2005
Total area
5,868 SF
Lot
1.24 ac (54,014 SF)
Zoning code
B2
APN
3235-73-5149-0000
UPID
US53-2297010
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
$2.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.90M
Owner & transaction history
Pmg Carorlinas LLC · 2 yrs held
Pmg Carorlinas LLC
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
B2 · Rocky Point, 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 Rocky Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky Point 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
$1,535,000
ML approach
$2,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.90M
Range $1.71M – $2.08M · ±10% · vs last sale $2.00M (Nov 6 2023)
Last sale anchor
$2.00M
Nov 6 2023
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
$323 / 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
Property tax & assessments
Assessed value
$753,992
Assessed 2023
Previous assessed
$753,992
+0.0% YoY
Assessed land
$202,663
Assessed improvement
$551,329
Land market value
$202,663
Improvement market value
$551,329
Total market value
$753,992
Applied tax rate
10.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2005
Heating
HEAT PUMP
Stories
1
Rooms
3
Bathrooms
4
Total area
5,868 SF
Lot
1.24 ac (54,014 SF)
Zoning code
B2
APN
3235-73-5149-0000
UPID
US53-2297010
Jurisdiction
PENDER
Zoning & alternative use
B2 · Rocky Point, NC
Zoning B2 · permitted uses
B2 · Rocky Point, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
HEAT PUMP
Stories
1
Rooms
3
Bathrooms
4
Lot
1.24 ac
Current owner
From public records · entity-resolved
Pmg Carorlinas LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2900 TELESTAR CT, FALLS CHURCH, VA 22042-1206
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2023
$2,000,000
Pmg Carorlinas LLC
Morelag LLC
Special Warranty Deed
—
Dec 17, 2019
$1,800,000
Morelag LLC
Fresh Way Food Mart LLC
Warranty Deed
$1,275,000 · First Carolina Bank
—
—
Fresh Way Food Mart LLC
—
Deed Of Trust
related
$150,000 · Branch Banking & Trust Co
—
—
Fresh Way Food Mart LLC
—
Deed Of Trust
related
$75,000 · Cary Oil Co INC
—
—
Lemire Group LLC
—
Deed Of Trust
related
$1,424,400 · Carolina First Bank
—
—
Fresh Way Food Mart LLC
—
Deed Of Trust
related
$1,600,000 · First South Bank
—
—
William E Bostic
—
Deed Of Trust
related
$204,000 · 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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