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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Retail space
924 Margrace Rd Kings Mountain, NC 28086-4088
Entity Owned
6-yr Hold
Free & Clear
Property ID
US53-2995457
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Total area
8,165 SF
Lot
1.95 ac (84,942 SF)
Zoning code
R10
APN
57254
UPID
US53-2995457
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
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
-
Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.38M
Owner & transaction history
Endeavor Farms INC · 6 yrs held
Endeavor Farms INC
since 2020
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
R10 · Kings Mountain, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+179.1%
Restaurant
$1.6M
+117.5%
Medical building
$1.1M
+51.0%
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 Kings Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kings Mountain 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
$1,480,000
ML approach
$1,620,000
CAP Approach
CAP Return
Estimation
6%
$1,630,000
6.5%
$1,505,000
7%
$1,400,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,075,000
Change: +179% · Conversion: Easy
RESTAURANT
$1,615,000
Change: +117% · Conversion: Easy
MEDICAL BUILDING
$1,120,000
Change: +51% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,005,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$975,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$1.38M
Range $1.24M – $1.52M · ±10% · vs last sale $1.35M (Jul 17 2020)
Last sale anchor
$1.35M
Jul 17 2020
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
$169 / 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
$4,384
Tax year 2024
Assessed value
$551,494
Assessed 2023
Previous assessed
$551,494
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$86,100
Assessed improvement
$465,394
Land market value
$86,100
Improvement market value
$465,394
Total market value
$551,494
Applied tax rate
63.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2018
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Total area
8,165 SF
Lot
1.95 ac (84,942 SF)
Zoning code
R10
APN
57254
UPID
US53-2995457
Jurisdiction
CLEVELAND
Zoning & alternative use
R10 · Kings Mountain, NC
Zoning R10 · permitted uses
R10 · Kings Mountain, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kings Mountain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.1M
RESTAURANT
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
OFFICE BUILDING
Est. value
$975,000
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.95 ac
Current owner
From public records · entity-resolved
Endeavor Farms INC
Entity
Free & Clear · 6 yrs held
Mailing address
28821 BETHLEHEM CHURCH RD, OAKBORO, NC 28129-8758
Ownership since
2020
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
Jul 17, 2020
$3,600,000
Endeavor Farms INC
Rego Properties LLC
Warranty Deed
—
Nov 27, 2018
$1,249,500
Rego Properties LLC
The Broadway Group
Warranty Deed
$3,433,250 · Wells Fargo Bank NA
Apr 30, 2018
$80,000
Broadway Group LLC
Blalock,herman W JR & Carolyn
Warranty Deed
$927,400 · Bancorpsouth
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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