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Property profile & analytics
OFF-MARKET
Strip malls
King Ave Dunn, NC 28334
Individually Owned
14-yr Hold
Free & Clear
Property ID
US53-3576009
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
259 SF
Lot
0.02 ac (871 SF)
Zoning code
OI
APN
02151607120002 02
UPID
US53-3576009
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
Alton R Gower JR · 14 yrs held
Alton R Gower JR
since 2012
2 recorded transactions
Zoning & alternative use
OI · Dunn, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Banks and credit unions. Churches. Governmental building and uses. Medical offices and clinics. Professional medical complex. Child care center for use of employees and not the general public.
Zone name
Office And Institutional District
General category
CIVIC_INSTITUTIONAL
Zone area
317.01 ac
Source
Realmo
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 Dunn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunn 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 2023Property tax & assessments
Tax year 2023
Tax billed
$291
Tax year 2023
Assessed value
$15,590
Assessed 2023
Previous assessed
$15,590
+0.0% YoY
Effective rate
1.87%
On assessed value
Land market value
$2,480
Improvement market value
$13,110
Total market value
$15,590
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
1
Total area
259 SF
Lot
0.02 ac (871 SF)
Zoning code
OI
APN
02151607120002 02
UPID
US53-3576009
Jurisdiction
HARNETT
Zoning & alternative use
OI · Dunn, NCZoning OI · permitted uses
OI · Dunn, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Banks and credit unions. Churches. Governmental building and uses. Medical offices and clinics. Professional medical complex. Child care center for use of employees and not the general public.
Zone name
Office And Institutional District
General category
CIVIC_INSTITUTIONAL
Zone area
317.01 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Alton R Gower JR
Individual
Free & Clear · 14 yrs held
Mailing address
300 W EDGERTON ST, DUNN, NC 28334-4106
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2012
$45,500
Alton R Gower JR
Larry D Snipes
Warranty Deed
—
Jun 29, 2012
—
Larry D Snipes
First Colony Associates
Warranty Deed
related
—
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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