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Property profile & analytics
OFF-MARKET
Warehouses
1018 Randolph St, Thomasville, NC 27360-5877
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-5454102
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,408 SF
Lot
4.42 ac (192,535 SF)
Zoning code
M1
APN
16-188-0-000-0005
UPID
US53-5454102
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Amerco Real Estate Company · 3 yrs held
Amerco Real Estate Company
since 2023
7 recorded transactions
Zoning & alternative use
M1 · Thomasville, 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 Thomasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thomasville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$19,394
Tax year 2023
Assessed value
$1,431,290
Assessed 2023
Previous assessed
$1,431,290
+0.0% YoY
Effective rate
1.36%
On assessed value
Land market value
$110,500
Improvement market value
$1,320,790
Total market value
$1,431,290
Applied tax rate
16.0000
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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
10
Total area
1,408 SF
Lot
4.42 ac (192,535 SF)
Zoning code
M1
APN
16-188-0-000-0005
UPID
US53-5454102
Jurisdiction
DAVIDSON
Zoning & alternative use
M1 · Thomasville, NC
Zoning M1 · permitted uses
M1 · Thomasville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thomasville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
10
Lot
4.42 ac
Current owner
From public records · entity-resolved
Amerco Real Estate Company
Entity
Free & Clear · 3 yrs held
Mailing address
2727 N CENTRAL AVE, PHOENIX, AZ 85004-1120
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2023
—
Amerco Real Estate Company
Arec 24 LLC
Special Warranty Deed
—
Oct 26, 2020
—
Arec 24 LLC
1020 Randolph LLC
Grant Deed
—
Jun 3, 2015
$710,000
1020 Randolph LLC
Aqua Sky LLC
Warranty Deed
—
Dec 1, 2014
$256,000
Aqua Sky LLC
Manger Richard S|patterson,wesley L
Trustees Deed
related
—
Mar 24, 2005
—
Wesley L Patterson
IV-s Metal Stamping INC
Warranty Deed
$778,200 · Bank Of North Carolina
—
—
Wesley L Patterson
—
Deed Of Trust
related
$1,340,000 · Bank Of North Carolina
—
—
Wesley L Patterson
—
Deed Of Trust
related
$539,772 · Bank Of North Carolina
—
—
Wesley L Patterson
—
Deed Of Trust
related
$65,000 · Bank Of North Carolina
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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