Realmo Analytics
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Property summary
This exceptional commercial property, located at 1012 DRUM HILL Road in Gates, North Carolina, presents a unique investment opportunity. The property encompasses a generous 0.59-acre lot, providing ample space for various commercial ventures. The existing structure boasts a substantial 2,278 square feet of floor space, offering significant potential for renovation or redevelopment. Its versatile nature makes it suitable for a wide range of uses, from retail and office spaces to light… industrial or storage facilities. The property's location in Gates County offers easy access to key transportation routes, ensuring convenient logistics for businesses. The asking price of $59,999 represents a compelling entry point into the Gates County commercial real estate market. Given its size, location, and potential, this property is an attractive proposition for investors seeking a solid return on investment or entrepreneurs looking to establish a presence in a growing area. The existing building's condition will require assessment by a prospective buyer to determine the scope of any necessary renovations or improvements. This property is being sold "as is." Serious inquiries are encouraged to explore the possibilities this unique opportunity presents. The property is ready for its next chapter, and awaits a vision to transform it into a thriving commercial enterprise.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 10 qualifying comparable sales.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,827 SF
- Lot area
- 0.59 ac
- Year built
- 1950
- Stories
- 1
- APN
- 10-00484
- Zoning
- R-1
- Assessed value · 2024
- $88,011
- Annual tax · 2024
- $1,054
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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