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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Investment properties
1062 Hickory House Rd Sanford, NC 27332-9132
Individually Owned
2-yr Hold
Free & Clear
Property ID
US53-2798400
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1989
Total area
3,632 SF
Lot
41.99 ac (1,829,084 SF)
Zoning code
RESIDENTIAL AGRICULTURE
APN
9640-09-7473-00
UPID
US53-2798400
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
-
Glasson Tool & Supply Co. Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$665k
Owner & transaction history
Jessica G Booth · 2 yrs held
Jessica G Booth
since 2024
4 recorded transactions
Zoning & alternative use
RESIDENTIAL AGRICULTURE · Sanford, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$183 / 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
Assessed value
$2,098,500
Assessed 2023
Previous assessed
$2,098,500
+0.0% YoY
Assessed land
$370,800
Assessed improvement
$1,727,700
Land market value
$370,800
Improvement market value
$1,727,700
Total market value
$2,098,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1989
Heating
HEAT PUMP
Buildings
4
Stories
2
Rooms
7
Bathrooms
3
Total area
3,632 SF
Lot
41.99 ac (1,829,084 SF)
Zoning code
RESIDENTIAL AGRICULTURE
APN
9640-09-7473-00
UPID
US53-2798400
Jurisdiction
LEE
Zoning & alternative use
RESIDENTIAL AGRICULTURE · Sanford, NC
Zoning RESIDENTIAL AGRICULTURE · permitted uses
RESIDENTIAL AGRICULTURE · Sanford, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sanford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
HEAT PUMP
Stories
2
Buildings
4
Rooms
7
Bathrooms
3
Lot
41.99 ac
Current owner
From public records · entity-resolved
Jessica G Booth
Individual
Free & Clear · 2 yrs held
Mailing address
2029 FAIRVIEW LN, SANFORD, NC 27330-9801
Ownership since
2024
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
Feb 22, 2024
—
Jessica G Booth
Timothy U Glasson
Warranty Deed
—
Nov 15, 2021
—
Timothy U Glasson
—
Deed
related
$1,700,000 · Firstbank
Aug 29, 2007
—
Timothy U Glasson
—
Trustees Deed
related
$750,000 · Capital Bank NA
Jun 13, 2007
$26,600
Timothy U Glasson
Commissioner Of Lee County
Grant Deed
related
—
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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