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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Retail space
8382 Red Oak Rd Rocky Mount, NC 27804
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US53-2597520
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1910
Construction
CONCRETE BLOCKS
Total area
2,562 SF
Lot
0.25 ac (10,890 SF)
Zoning code
B2
APN
382314-34-0628
UPID
US53-2597520
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
$345k
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$756k
Blend (final)
Blend
$555k
Owner & transaction history
Robert L Langley · 18 yrs held
Robert L Langley
since 2007
3 recorded transactions
Zoning & alternative use
B2 · Rocky Mount, 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 Mount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky Mount 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
$345,000
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$675,000
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$217 / 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
$757
Tax year 2024
Assessed value
$68,720
Assessed 2024
Previous assessed
$68,720
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$23,500
Assessed improvement
$45,220
Land market value
$23,500
Improvement market value
$45,220
Total market value
$68,720
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
1910
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Total area
2,562 SF
Lot
0.25 ac (10,890 SF)
Zoning code
B2
APN
382314-34-0628
UPID
US53-2597520
Jurisdiction
NASH
Zoning & alternative use
B2 · Rocky Mount, NC
Zoning B2 · permitted uses
B2 · Rocky Mount, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky Mount. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Lot
0.25 ac
Current owner
From public records · entity-resolved
Robert L Langley
Individual
Mailing address
4178 PO BOX 377TH TRL, RED OAK, NC 27868-0377
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
—
Paulette Braswell Langley
—
Deed
related
$60,000 · Southern Bank & Trust Co
Dec 28, 2007
$68,500
Robert L Langley
Robert L Langley
Intrafamily Transfer
related
$60,000 · New Republic Savings Bank
Oct 16, 2006
$60,000
Robert L Langley
Joyce W Crumpler
Warranty Deed
$30,000 · Timothy Sellers
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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