New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Commercial real estate
1007 Nc Hwy 150th W, Summerfield, NC 27358-7924
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US53-0807486
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
9,211 SF
Lot
25.65 ac (1,117,314 SF)
Zoning code
CU-GB
APN
138065
UPID
US53-0807486
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
-
Nationwide Insurance: Wilkerson Insurance Group Inc Insurance Agency
-
Oak Ridge Physical Therapy in Summerfield Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$955k
CAP Approach
CAP
$1.44M
Comparable Approach
Comparable
$1.64M
Blend (final)
Blend
$1.57M
Owner & transaction history
William Penn Properties LLC · 11 yrs held
William Penn Properties LLC
since 2015
6 recorded transactions
Zoning & alternative use
CU-GB · Summerfield, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+29.9%
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 Summerfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerfield 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
$955,000
CAP Approach
CAP Return
Estimation
6%
$1,555,000
6.5%
$1,435,000
7%
$1,330,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,385,000
Current use
RETAIL STORES
$1,800,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±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
$170 / 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
$43,146
Tax year 2023
Assessed value
$4,853,300
Assessed 2023
Previous assessed
$4,853,300
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,607,300
Assessed improvement
$3,246,000
Land market value
$1,607,300
Improvement market value
$3,246,000
Total market value
$4,853,300
Applied tax rate
89.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
5
Bathrooms
1
Total area
9,211 SF
Lot
25.65 ac (1,117,314 SF)
Zoning code
CU-GB
APN
138065
UPID
US53-0807486
Jurisdiction
GUILFORD
Zoning & alternative use
CU-GB · Summerfield, NC
Zoning CU-GB · permitted uses
CU-GB · Summerfield, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Summerfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
RETAIL STORES
Est. value
$1.8M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
2006
Heating
HEAT PUMP
Cooling
Yes
Buildings
5
Bathrooms
1
Lot
25.65 ac
Current owner
From public records · entity-resolved
William Penn Properties LLC
Entity
Mailing address
3500 CAMDEN FLS CIR, GREENSBORO, NC 27410-1600
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2016
—
William Penn Properties LLC
—
Deed
related
$500,000 · High Point Bk&tr
Feb 12, 2015
$3,832,000
William Penn Properties LLC
Hillsdale Village LLC
Warranty Deed
$3,200,000 · High Point Bk&tr
Jul 12, 2006
$195,000
Hillside Village LLC
Lake Brandt Properties LLC
Grant Deed
$195,000 · Carolina Bank
Oct 3, 2005
$350,000
Hillsdale Village LLC
Hall,carol F
Warranty Deed
$2,750,000 · Carolina Bk
—
—
Hillsdale Village LLC
—
Loan Modification
related
$2,909,572 · High Point Bank & Trust Co
—
—
William Penn Properties LLC
—
Deed Of Trust
related
$500,000 · High Point Bk&tr
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 1007 Nc Hwy 150th W?
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.
