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Property profile & analytics
OFF-MARKET
Estimated value
$7,900,000
Retail space
1050 Horner Blvd Sanford, NC 27330-5323
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-2638443
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
16,353 SF
Lot
1.7 ac (74,052 SF)
APN
9652-05-0963-00
UPID
US53-2638443
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
-
Walgreens Pharmacy Pharmacy
-
Walgreens Pharmacy
-
John Triplett, PharmD Pharmacy
-
Ryan Swanson Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.90M
Owner & transaction history
Ezy Realty LLC · 4 yrs held
Ezy Realty LLC
since 2022
Last sale
$8.0M
5 recorded transactions
Zoning & alternative use
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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
$7,535,000
ML approach
$8,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.90M
Range $7.11M – $8.69M · ±10% · vs last sale $8.01M (Feb 16 2022)
Last sale anchor
$8.01M
Feb 16 2022
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
$483 / 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
$31,397
Tax year 2023
Assessed value
$2,649,500
Assessed 2023
Previous assessed
$2,649,500
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$719,800
Assessed improvement
$1,929,700
Land market value
$719,800
Improvement market value
$1,929,700
Total market value
$2,649,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Heating
YES
Cooling
NONE
Stories
1
Units
1
Total area
16,353 SF
Lot
1.7 ac (74,052 SF)
APN
9652-05-0963-00
UPID
US53-2638443
Jurisdiction
LEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Ezy Realty LLC
Entity
Mailing address
1731 VERRAZZANO DR, WILMINGTON, NC 28405-4227
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2022
$8,007,500
Ezy Realty LLC
Pharmacy Sale Leaseback Dst Trust
Special Warranty Deed
$350,000 · First Citizens Bank & Trust Co
Jan 6, 2014
$7,167,000
Pharmacy Sale Leaseback Dst
Walgreens Of North Carolina INC
Special Warranty Deed
$40,741,048 · Parkway Bank & Trust Co
Nov 15, 2013
$4,785,000
Walgreens Of Nc INC
Carolina Dh V LLC
Grant Deed
—
Aug 17, 2006
$1,160,000
Carolina Dhv LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Carolina Dh V LLC
—
Deed Of Trust
related
$3,245,085 · Randolph Bank & Trust Co
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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