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Property profile & analytics
OFF-MARKET
Office buildings
84 Vly Riv Ave Murphy, NC 28906-2955
Individually Owned
Free & Clear
Property ID
US53-4806806
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Construction
WOOD
Total area
2,267 SF
Lot
0.11 ac (4,792 SF)
Zoning code
GB
APN
459211551202000
UPID
US53-4806806
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
Charles W Mchan JR
Charles W Mchan JR
since 2025
6 recorded transactions
Zoning & alternative use
GB · Murphy, 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 Murphy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murphy 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
Property tax & assessments
Assessed value
$145,500
Assessed 2023
Previous assessed
$145,500
+0.0% YoY
Land market value
$50,000
Improvement market value
$95,500
Total market value
$145,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
2,267 SF
Lot
0.11 ac (4,792 SF)
Zoning code
GB
APN
459211551202000
UPID
US53-4806806
Jurisdiction
CHEROKEE
Zoning & alternative use
GB · Murphy, NC
Zoning GB · permitted uses
GB · Murphy, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murphy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Charles W Mchan JR
Individual
Free & Clear · 0 yrs held
Mailing address
2240 FRIENDSHIP CHURCH RD, MURPHY, NC 28906-4704
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
—
Charles W Mchan JR
Charles W Mchan JR
Deed
related
—
Jan 30, 2023
—
Andrea Victoria Exley
Kevin Stecher
Intrafamily Transfer
related
—
Jan 23, 2020
—
Rex M Wright
Rosemary Allen Martinson
Warranty Deed
—
Aug 9, 2016
$5,000
Charles W Mchan JR
Charles W Mchan JR
Warranty Deed
related
—
Apr 10, 2015
$55,000
Heather M Dulin
Randall A Bell
Warranty Deed
$40,000 · Randall Bell
Aug 13, 2007
—
Charles W Mchan JR
Melissa L Mchan
Intrafamily Transfer
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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