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Property profile & analytics
OFF-MARKET
Warehouses
107 James St Laurinburg, NC 28352
Individually Owned
5-yr Hold
Free & Clear
Property ID
US53-3174678
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
35,000 SF
Lot
0.05 ac (2,340 SF)
Zoning code
I
APN
010051 01001
UPID
US53-3174678
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
Vounty Of Scotland · 5 yrs held
Vounty Of Scotland
since 2020
Last sale
$43,000
1 recorded transaction
Zoning & alternative use
I · Laurinburg, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
6.3.9. I Industrial District. The I district is established as a district in which to allow primarily light manufacturing, assembly, research, warehousing, and intensive commercial use s. The regulations of this district are intended to (1) encourage light manufacturing and intensive commercial uses as well as accessory land uses incidental to and in support…
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
1,223.92 ac
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 Laurinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurinburg 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
Property tax & assessments
Assessed value
$43,220
Assessed 2024
Previous assessed
$43,220
+0.0% YoY
Assessed land
$34,870
Assessed improvement
$8,350
Total market value
$43,220
Applied tax rate
1.0000
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
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
35,000 SF
Lot
0.05 ac (2,340 SF)
Zoning code
I
APN
010051 01001
UPID
US53-3174678
Jurisdiction
SCOTLAND
Zoning & alternative use
I · Laurinburg, NCZoning I · permitted uses
I · Laurinburg, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
6.3.9. I Industrial District. The I district is established as a district in which to allow primarily light manufacturing, assembly, research, warehousing, and intensive commercial use s. The regulations of this district are intended to (1) encourage light manufacturing and intensive commercial uses as well as accessory land uses incidental to and in support of manufactu ring uses; (2) exclude heavy industry, hazardous waste management facilities, major retail , and residences as acceptable land uses; and (3) preserve locations that are best suited for industrial development. Land uses in the I district are limited to those determined to be compatible with the character of the community.
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
1,223.92 ac
Building & site characteristics
From public records
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Vounty Of Scotland
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 488, LAURINBURG, NC 28353-0488
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2020
$30,000
Vounty Of Scotland
Maxton Farms INC
Deed
—
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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