New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,110,000
Warehouses
1004 Harvest Red Rd Indian Trail, NC 28079-3777
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-2360669
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2009
Total area
8,251 SF
Lot
1.43 ac (62,421 SF)
Zoning code
SF-5 INDIAN TRAIL
APN
07-090-006X
UPID
US53-2360669
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
$2.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$2.11M
Owner & transaction history
Om Early Education LLC · 5 yrs held
Om Early Education LLC
since 2021
Last sale
$2.2M
4 recorded transactions
Zoning & alternative use
SF-5 INDIAN TRAIL · Indian Trail, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+171.8%
Retail stores
$2.3M
+106.0%
Office building
$1.4M
+21.6%
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 Indian Trail submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Trail 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
$1,990,000
ML approach
$2,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,015,000
Change: +172% · Conversion: Difficult
RETAIL STORES
$2,285,000
Change: +106% · Conversion: Moderate
OFFICE BUILDING
$1,350,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,305,000
Change: +18% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,295,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$2.11M
Range $1.90M – $2.32M · ±10% · vs last sale $2.22M (May 17 2021)
Last sale anchor
$2.22M
May 17 2021
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
$256 / 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
$15,808
Tax year 2023
Assessed value
$1,847,000
Assessed 2023
Previous assessed
$1,847,000
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$729,000
Assessed improvement
$1,118,000
Land market value
$729,000
Improvement market value
$1,118,000
Total market value
$1,847,000
Applied tax rate
619.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Heating
YES
Stories
1
Total area
8,251 SF
Lot
1.43 ac (62,421 SF)
Zoning code
SF-5 INDIAN TRAIL
APN
07-090-006X
UPID
US53-2360669
Jurisdiction
UNION
Zoning & alternative use
SF-5 INDIAN TRAIL · Indian Trail, NC
Zoning SF-5 INDIAN TRAIL · permitted uses
SF-5 INDIAN TRAIL · Indian Trail, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Trail. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.0M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2009
Heating
YES
Stories
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Om Early Education LLC
Entity
Mailing address
7711 YELLOWHORN TRL, WAXHAW, NC 28173-6105
Ownership since
2021
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
May 17, 2021
$2,215,000
Om Early Education LLC
Harvest Red LLC
Special Warranty Deed
$2,237,000 · Td Bank NA
Jun 26, 2012
$2,152,500
Harvest Red LLC
Wgs Holdings II LLC
Grant Deed
$1,923,500 · First Citizens Bank & Trust Co
Oct 24, 2008
$185,500
Mathisen Co
Wc & C INC
Grant Deed
—
Oct 24, 2008
$504,000
Wgs Holdings II LLC
Mathisen
Grant Deed
related
$1,854,832 · First Trust Bank Of Savings
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1004 Harvest Red Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
