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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
912 Pennsylvania Ave Southern Pines, NC 28387-4648
Individually Owned
19-yr Hold
Free & Clear
Property ID
US53-5206507
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1985
Lot
0.29 ac (12,763 SF)
Zoning code
NB
APN
40485
UPID
US53-5206507
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
-
Greyhound: Bus Stop Logistics Company Trucking Company
-
ATM (M & S Market) Grocery & Convenience Store Food Market
-
bp Gas Station
-
M & S Market Grocery & Convenience Store
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
Mahmood Y Algazzali · 19 yrs held
Mahmood Y Algazzali
since 2006
1 recorded transaction
Zoning & alternative use
NB · Southern Pines, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
esidential Single-Family (6) RM-1 - Residential Multi-Family Medium Density (7) RM-2 - Residential Multi-Family Low Density (B) Non-Residential or Mixed Use (1) CB - Central Business (2) GB - General Business (3) NB - Neighborhood Business (4) OS - Office/Service (5) I - Industrial (6) FRR - Facilities Resource and Recreation (C) PD - Planned Development Dis…
Zone name
Neighborhood Business
General category
MIXED_USE
Zone area
20.64 ac
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 Southern Pines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southern Pines 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
$1,281
Tax year 2024
Assessed value
$200,890
Assessed 2024
Previous assessed
$200,890
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$96,180
Assessed improvement
$104,710
Land market value
$96,180
Improvement market value
$104,710
Total market value
$200,890
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
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1985
Heating
NONE
Lot
0.29 ac (12,763 SF)
Zoning code
NB
APN
40485
UPID
US53-5206507
Jurisdiction
MOORE
Zoning & alternative use
NB · Southern Pines, NCZoning NB · permitted uses
NB · Southern Pines, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
esidential Single-Family (6) RM-1 - Residential Multi-Family Medium Density (7) RM-2 - Residential Multi-Family Low Density (B) Non-Residential or Mixed Use (1) CB - Central Business (2) GB - General Business (3) NB - Neighborhood Business (4) OS - Office/Service (5) I - Industrial (6) FRR - Facilities Resource and Recreation (C) PD - Planned Development District 3.3.2. Conditional Zoning Districts Where the Town Council fi
Zone name
Neighborhood Business
General category
MIXED_USE
Zone area
20.64 ac
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Lot
0.29 ac
Current owner
From public records · entity-resolved
Mahmood Y Algazzali
Individual
Free & Clear · 19 yrs held
Mailing address
912 W PENNSYLVANIA AVE, SOUTHERN PINES, NC 28387-4648
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2006
$550,000
Mahmood Y Algazzali
Phils Corner INC
Warranty Deed
—
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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