Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,175,000
Distribution centers
10900 World Trade Blvd Raleigh, NC 27617-4202
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0240944
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1999
Total area
89,280 SF
Lot
13.69 ac (596,336 SF)
Zoning code
IX-3
APN
0758.04-53-3391 0255783
UPID
US53-0240944
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
-
World Trade Properties Construction Company General Contractor
-
Raleigh Edge Association Or Organization
-
Linda Zheng Pharmacy
-
Millennium Print Group Industrial Manufacturer Factory
-
Longistics International, LLC. Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.97M
CAP Approach
CAP
$10.68M
Comparable Approach
Comparable
$12.33M
Blend (final)
Blend
$13.18M
Owner & transaction history
Snl Ew 10900 Wt LP · 5 yrs held
Snl Ew 10900 Wt LP
since 2021
Last sale
$13.6M
4 recorded transactions
Zoning & alternative use
IX-3 · Raleigh, 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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
$16,860,000
ML approach
$11,965,000
CAP Approach
CAP Return
Estimation
6%
$11,565,000
6.5%
$10,675,000
7%
$9,910,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$19,690,000
Current use
Blend value · Realmo final
$13.18M
Range $11.86M – $14.49M · ±10% · vs last sale $13.61M (Jun 30 2021)
Last sale anchor
$13.61M
Jun 30 2021
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
$148 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$169,641
Tax year 2024
Assessed value
$19,532,594
Assessed 2024
Previous assessed
$19,532,594
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$4,238,662
Assessed improvement
$15,293,932
Land market value
$4,238,662
Improvement market value
$15,293,932
Total market value
$19,532,594
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1999
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
89,280 SF
Lot
13.69 ac (596,336 SF)
Zoning code
IX-3
APN
0758.04-53-3391 0255783
UPID
US53-0240944
Jurisdiction
WAKE
Zoning & alternative use
IX-3 · Raleigh, NC
Zoning IX-3 · permitted uses
IX-3 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$19.7M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
13.69 ac
Current owner
From public records · entity-resolved
Snl Ew 10900 Wt LP
Entity
Mailing address
3105 GLENWOOD AVE STE #105, RALEIGH, NC 27612-5059
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jun 30, 2021
$13,605,000
Snl Ew 10900 Wt LP
World Trade Properties LLC
Special Warranty Deed
$9,155,366 · Stockbridge Niche Logistics Fund Op
May 1, 2009
$2,342,500
World Trade Properties LLC
Brier Creek Associates
Grant Deed
$1,600,000 · Rbc Bank (usa)
—
—
World Trade Properties LLC
—
Deed Of Trust
related
$1,000,000 · Pnc Bank
—
—
World Trade Properties LLC
—
Deed Of Trust
related
$8,800,000 · Rbc Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10900 World Trade Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
