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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Grocery and convenience stores
828 3rd St Smithfield, NC 27577-4300
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1677676
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1959
Total area
12,633 SF
Lot
1.83 ac (79,715 SF)
Zoning code
SUP
APN
15044036
UPID
US53-1677676
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
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$394k
Blend (final)
Blend
$535k
Owner & transaction history
Gr International Properties LLC · 17 yrs held
Gr International Properties LLC
since 2009
5 recorded transactions
Zoning & alternative use
SUP · Smithfield, 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 Smithfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smithfield 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
by Request
ML approach
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
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
$42 / 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
$7,400
Tax year 2024
Assessed value
$596,790
Assessed 2024
Previous assessed
$596,790
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$261,470
Assessed improvement
$335,320
Land market value
$261,470
Improvement market value
$335,320
Total market value
$596,790
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1959
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Bathrooms
6
Total area
12,633 SF
Lot
1.83 ac (79,715 SF)
Zoning code
SUP
APN
15044036
UPID
US53-1677676
Jurisdiction
JOHNSTON
Zoning & alternative use
SUP · Smithfield, NC
Zoning SUP · permitted uses
SUP · Smithfield, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smithfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
6
Lot
1.83 ac
Current owner
From public records · entity-resolved
Gr International Properties LLC
Entity
Free & Clear · 17 yrs held
Mailing address
826 S 3RD ST, SMITHFIELD, NC 27577-4300
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2025
—
Gr International Properties LLC
—
Deed
related
$1,000,000 · Peoples Bank
May 13, 2009
$400,000
Gr International Properties LLC
Roberts & Wellons INC
Warranty Deed
—
May 11, 2009
—
Roberts & Wellons INC
Wellons Elmer J JR Trust
Quit Claim Deed
related
—
Apr 21, 2009
—
Roberts & Wellons INC
Wellons,elmer J JR
Quit Claim Deed
related
—
Apr 13, 2005
$929,500
Roberts & Wellons INC
Adkins & Wynn Holdings LLC
Warranty Deed
$929,255 · Adkins & Wynn Holdings LLC
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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