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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Super regional malls
Chief Martin Rd Madison, NC 27025
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3933257
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1978
Total area
73,717 SF
Lot
8.85 ac (385,506 SF)
Zoning code
GENERAL COMM DISTRICT MAD
APN
7916-14-34-9094-00
UPID
US53-3933257
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
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$784k
Blend (final)
Blend
$755k
Owner & transaction history
Joan Ruth LLC · 13 yrs held
Joan Ruth LLC
since 2012
4 recorded transactions
Zoning & alternative use
GENERAL COMM DISTRICT MAD · Madison, 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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$10 / 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
$11,054
Tax year 2023
Assessed value
$775,748
Assessed 2023
Previous assessed
$775,748
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$478,475
Assessed improvement
$297,273
Land market value
$478,475
Improvement market value
$297,273
Total market value
$775,748
Applied tax rate
103.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
73,717 SF
Lot
8.85 ac (385,506 SF)
Zoning code
GENERAL COMM DISTRICT MAD
APN
7916-14-34-9094-00
UPID
US53-3933257
Jurisdiction
ROCKINGHAM
Zoning & alternative use
GENERAL COMM DISTRICT MAD · Madison, NC
Zoning GENERAL COMM DISTRICT MAD · permitted uses
GENERAL COMM DISTRICT MAD · Madison, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Lot
8.85 ac
Current owner
From public records · entity-resolved
Joan Ruth LLC
Entity
Free & Clear · 13 yrs held
Mailing address
2730 ROZZELLES FRY RDA, CHARLOTTE, NC 28208-3233
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2012
—
Joan Ruth LLC
Atlas Nc II Spe LLC
Quit Claim Deed
related
—
Nov 30, 2012
$174,000
Joan Ruth LLC
Atlas Nc II Spe LLC
Grant Deed
—
Aug 1, 2012
$443,760
Atlas Nc II Spe LLC
Mcdonough Darren A
Trustees Deed
—
May 4, 2009
$1,200,000
Madison Greenlight 2009 LLC
Morton & Sharpe LLC
Warranty Deed
$1,032,250 · Morton & Sharpe LLC
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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