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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Warehouses
1000 Bricksteel Ln, Garner, NC 27529-5508
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-5708602
Property summary
AI-generated overview
This exceptional 11,400-square-foot warehouse, located at 1000 Bricksteel Ln in Garner, NC, presents a fantastic opportunity for businesses seeking efficient and modern industrial space. Built in 2021, the property boasts a single-tenant occupancy, offering complete control and flexibility. The warehouse features a generous 18-foot ceiling height, ideal for high-volume storage and operations. Access is facilitated by one dock-high door, ensuring smooth loading and unloading processes. The property is equipped with 3-phase 120/208v power, catering to a wide range of industrial needs. Situated in Wake County, this location offers convenient access to major transportation routes, making it an ideal distribution hub. The entire 11,400 square feet is currently vacant, providing immediate occupancy for prospective tenants. This is a rare opportunity to secure a brand-new, well-appointed warehouse in a prime Garner location. The property's modern design and functional layout make it an excellent choice for a variety of industrial uses. Don't miss this chance to establish your business in this highly sought-after area. Contact us today to schedule a viewing. Zip code: 27529.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Construction
METAL FRAME
Total area
11,458 SF
Lot
3.13 ac (136,343 SF)
Zoning code
LI
APN
1730.04-50-6667 0491438
UPID
US53-5708602
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
-
Horizon Distributors Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.35M
Owner & transaction history
Pristine Partners Three LLC · 4 yrs held
Pristine Partners Three LLC
since 2022
1 recorded transaction
Zoning & alternative use
LI · Garner, 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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,485,000
6.5%
$1,370,000
7%
$1,270,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,705,000
Current use
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±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
$117 / 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
$14,357
Tax year 2023
Assessed value
$1,118,137
Assessed 2023
Previous assessed
$1,118,137
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$126,321
Assessed improvement
$991,816
Land market value
$126,321
Improvement market value
$991,816
Total market value
$1,118,137
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
11,458 SF
Lot
3.13 ac (136,343 SF)
Zoning code
LI
APN
1730.04-50-6667 0491438
UPID
US53-5708602
Jurisdiction
WAKE
Zoning & alternative use
LI · Garner, NC
Zoning LI · permitted uses
LI · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.7M
WAREHOUSE, STORAGE Current
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
2022
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.13 ac
Current owner
From public records · entity-resolved
Pristine Partners Three LLC
Entity
Mailing address
1000 BRICKSTEEL LN, GARNER, NC 27529-5508
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2022
—
Pristine Partners Three LLC
Pristine Partners LLC
Warranty Deed
$1,200,000 · The Fidelity Bank
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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