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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
9041 Nc Hwy 181 Newland, NC 28657
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-3379281
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1994
Construction
STEEL FRAME
Total area
2,453 SF
Lot
1.74 ac (75,794 SF)
Zoning code
RURAL MIXED USE DIST
APN
24646
UPID
US53-3379281
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
Randall Ray Clark · 2 yrs held
Randall Ray Clark
since 2024
Last sale
$170,000
5 recorded transactions
Zoning & alternative use
RURAL MIXED USE DIST · Newland, 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 Newland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newland 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
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,772
Tax year 2024
Assessed value
$392,900
Assessed 2024
Previous assessed
$398,913
-1.5% YoY
Effective rate
0.71%
On assessed value
Assessed land
$34,800
Assessed improvement
$358,100
Land market value
$34,800
Improvement market value
$358,100
Total market value
$392,900
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
1994
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,453 SF
Lot
1.74 ac (75,794 SF)
Zoning code
RURAL MIXED USE DIST
APN
24646
UPID
US53-3379281
Jurisdiction
BURKE
Zoning & alternative use
RURAL MIXED USE DIST · Newland, NC
Zoning RURAL MIXED USE DIST · permitted uses
RURAL MIXED USE DIST · Newland, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.74 ac
Current owner
From public records · entity-resolved
Randall Ray Clark
Individual
Mailing address
8317 JUNE CLARK ST, NEWLAND, NC 28657-7272
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Feb 13, 2024
$170,000
Randall Ray Clark
Johnny Barrier
Warranty Deed
$144,500 · Peoples Bank
Dec 9, 2022
—
Johnny R Barrier
Johnny R Barrier
Intrafamily Transfer
related
—
Jan 25, 2012
$9,000
Johnny R Barrier
Barrier,virgil JR & Sheilaa
Warranty Deed
related
—
Mar 7, 2006
—
Barrier,johnny & Bette Tr
Owner Name Unavailable
Grant Deed
related
—
—
—
Barrier,johnny R & Bette Trust
—
Deed Of Trust
related
$85,000 · Morganton Federal S & L
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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