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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Garden apartment buildings
100 Northridge Ct, Mocksville, NC 27028
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0644580
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1988
Construction
WOOD
Total area
5,760 SF
Lot
15.25 ac (664,290 SF)
Zoning code
NR
APN
I500000013
UPID
US53-0644580
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
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
New Home At Northwood LLC · 10 yrs held
New Home At Northwood LLC
since 2016
7 recorded transactions
Zoning & alternative use
NR · Mocksville, 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 Mocksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mocksville 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
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$825,000
Change: 0% · Conversion: Moderate
RETAIL STORES
$660,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$610,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$530,000
Change: 0% · Conversion: Difficult
RESTAURANT
$485,000
Change: 0% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$415,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$118 / 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
$28,251
Tax year 2024
Assessed value
$2,657,620
Assessed 2024
Previous assessed
$2,657,620
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$315,630
Assessed improvement
$2,341,990
Land market value
$315,630
Improvement market value
$2,341,990
Total market value
$2,657,620
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
8
Stories
2
Units
20
Bathrooms
2
Total area
5,760 SF
Lot
15.25 ac (664,290 SF)
Zoning code
NR
APN
I500000013
UPID
US53-0644580
Jurisdiction
DAVIE
Zoning & alternative use
NR · Mocksville, NC
Zoning NR · permitted uses
NR · Mocksville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mocksville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$825,000
RETAIL STORES
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$530,000
RESTAURANT
Est. value
$485,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$415,000
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1988
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
8
Units
20
Bathrooms
2
Lot
15.25 ac
Current owner
From public records · entity-resolved
New Home At Northwood LLC
Entity
Free & Clear · 10 yrs held
Mailing address
800 NORTHRIDGE CT, MOCKSVILLE, NC 27028-2768
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2016
—
New Home At Northwood LLC
—
Deed
related
$1,592,000 · Other Institutional Lenders
May 25, 2016
—
New Home At Northwood LLC
New Home LLC
Quit Claim Deed
related
—
Mar 17, 2016
$2,425,000
New Home LLC
Rp2 Properties LLC
Grant Deed
—
Apr 1, 2014
$1,846,500
Rp2 Properties LLC
Interurban Northwoods LLP
Grant Deed
$1,477,000 · Aquesta Bk
Oct 3, 2012
$1,050,000
Interurban Northwoods LLP
800 Northridge Ct Holdings LLC
Grant Deed
$1,125,000 · Branch Banking & Trust Co
Oct 15, 2010
$2,040,000
800 Northridge Ct Holdings LLC
Lucas,kenneth S JR
Trustees Deed
related
—
Apr 21, 2006
—
Rts Holdings P2l8 LLC
Itac 100 LLC
Warranty Deed
related
$3,064,000 · Lehman Brothers Bank Fsb
May 3, 2005
$1,841,500
Itac 100 LLC
Lb-ubs Commercial Mortgage
Grant Deed
$9,540,000 · Suntrust Bank NA
May 1, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Apr 1, 2004
$1,600,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
New Home At Northwood LLC
—
Deed Of Trust
related
$1,592,000 · Other Institutional Lenders
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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