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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Strip malls
904 Main St, Haw River, NC 27258-9647
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0975499
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Total area
34,304 SF
Lot
2.73 ac (118,919 SF)
Zoning code
B 1
APN
153635
UPID
US53-0975499
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
Current use
Occupant on record · Public records
-
beyond measure ministries Church Mosque
-
Haw River Coin Laundry (Bike/Boat/Book/etc) Store
-
C.H.A.N.G.E Child Welfare Organization Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$635k
Owner & transaction history
Morton & Sharpe LLC · 20 yrs held
Morton & Sharpe LLC
since 2006
2 recorded transactions
Zoning & alternative use
B 1 · Haw River, 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 Haw River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haw River 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
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$19 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,815
Tax year 2023
Assessed value
$1,125,626
Assessed 2023
Previous assessed
$1,125,626
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$94,050
Assessed improvement
$1,031,576
Land market value
$94,050
Improvement market value
$1,031,576
Total market value
$1,125,626
Applied tax rate
16.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1970
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
2
Total area
34,304 SF
Lot
2.73 ac (118,919 SF)
Zoning code
B 1
APN
153635
UPID
US53-0975499
Jurisdiction
ALAMANCE
Zoning & alternative use
B 1 · Haw River, NC
Zoning B 1 · permitted uses
B 1 · Haw River, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Haw River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Lot
2.73 ac
Current owner
From public records · entity-resolved
Morton & Sharpe LLC
Entity
Mailing address
1648 MEMORIAL DR, BURLINGTON, NC 27215-3518
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2006
$725,000
Morton & Sharpe LLC
Byrd Family
Grant Deed
$950,000 · Wachovia Bk/sc
—
—
Maple View INC
—
Deed Of Trust
related
$669,577 · Wells Fargo Bk
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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