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Property profile & analytics
OFF-MARKET
Estimated value
$2,505,000
Warehouses
1107 Great Fls Ct, Knightdale, NC 27545-7307
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US53-3929627
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2005
Construction
METAL FRAME
Total area
15,255 SF
Lot
6.98 ac (304,049 SF)
Zoning code
MI
APN
1744.02-86-8623 0271168
UPID
US53-3929627
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
$2.29M
Comparable Approach
Comparable
$2.46M
Blend (final)
Blend
$2.51M
Owner & transaction history
Cp Harris Properties LLC · 20 yrs held
Cp Harris Properties LLC
since 2005
4 recorded transactions
Zoning & alternative use
MI · Knightdale, 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 Knightdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knightdale 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%
$2,485,000
6.5%
$2,290,000
7%
$2,130,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,200,000
Current use
Blend value · Realmo final
$2.51M
Range $2.25M – $2.76M · ±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
$164 / 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
$170,657
Tax year 2024
Assessed value
$17,895,834
Assessed 2024
Previous assessed
$17,895,834
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$3,159,489
Assessed improvement
$14,736,345
Land market value
$3,159,489
Improvement market value
$14,736,345
Total market value
$17,895,834
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
2005
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
466
Total area
15,255 SF
Lot
6.98 ac (304,049 SF)
Zoning code
MI
APN
1744.02-86-8623 0271168
UPID
US53-3929627
Jurisdiction
WAKE
Zoning & alternative use
MI · Knightdale, NC
Zoning MI · permitted uses
MI · Knightdale, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Knightdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.2M
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
2005
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
466
Lot
6.98 ac
Current owner
From public records · entity-resolved
Cp Harris Properties LLC
Entity
Mailing address
PO BOX 608, SMITHFIELD, NC 27577-0608
Ownership since
2005
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
Jan 22, 2020
—
Ample Storage Lake Worth LLC
—
Deed
related
$8,056,116 · Truist Bk
Oct 1, 2015
—
Ample Storage Lake Worth LLC
—
Deed Of Trust
related
$4,000,000 · Branch Bk&tr
Jul 21, 2005
$250,000
Cp Harris Properties LLC
Clyde Harris Realty INC
Grant Deed
$1,150,000 · Branch Bk&tr
—
—
Ample Storage Lake Worth LLC
—
Deed Of Trust
related
$8,056,116 · Truist Bk
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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