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Property profile & analytics
OFF-MARKET
Estimated value
$3,090,000
Outlet malls
Fallston Rd, NC
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2829594
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1996
Total area
3,520 SF
Lot
1.67 ac (72,745 SF)
Zoning code
R15
APN
45190
UPID
US53-2829594
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
$3.09M
Owner & transaction history
Crotts Properties LLC · 16 yrs held
Crotts Properties LLC
since 2010
4 recorded transactions
Zoning & alternative use
R15 · Fallston Rd, 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 Fallston Rd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallston Rd 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
$878 / 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
$1,458
Tax year 2024
Assessed value
$183,354
Assessed 2023
Previous assessed
$183,354
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$14,879
Assessed improvement
$168,475
Land market value
$14,879
Improvement market value
$168,475
Total market value
$183,354
Applied tax rate
51.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1996
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Total area
3,520 SF
Lot
1.67 ac (72,745 SF)
Zoning code
R15
APN
45190
UPID
US53-2829594
Jurisdiction
CLEVELAND
Zoning & alternative use
R15 · Fallston Rd, NCZoning R15 · permitted uses
R15 · Fallston Rd, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1996
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Crotts Properties LLC
Entity
Free & Clear · 16 yrs held
Mailing address
102 JOHN DEERE LN, LAWNDALE, NC 28090-8208
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Jun 3, 2010
—
Toluca Blackberries
—
Trustees Deed
related
$355,000 · Farm Credit Service
May 13, 2010
—
Crotts Properties LLC
Crotts,jeffrey R
Quit Claim Deed
related
—
Feb 18, 2005
—
Jeffrey R Crotts
—
Trustees Deed
related
$150,000 · Fidelity Bank NA
—
—
Jeffrey R Crotts
—
Deed Of Trust
related
$871,087 · Farm Credit Svcs
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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