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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Warehouses
1111 Austin Chaney Rd, Wingate, NC 28174-7743
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1787137
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Total area
6,000 SF
Lot
4.12 ac (179,598 SF)
Zoning code
RA-40 WINGATE
APN
09-012-013
UPID
US53-1787137
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
-
Crossroads Body Shop Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$700k
Owner & transaction history
Keziah Enterprises LLC · 2 yrs held
Keziah Enterprises LLC
since 2024
Last sale
$700,000
3 recorded transactions
Zoning & alternative use
RA-40 WINGATE · Wingate, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$980,000
+53.4%
Auto repair, garage
$950,000
+48.7%
Commercial (general)
$945,000
+47.5%
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 Wingate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wingate 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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$640,000
Current use
OFFICE BUILDING
$980,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$950,000
Change: +49% · Conversion: Easy
COMMERCIAL (GENERAL)
$945,000
Change: +48% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$910,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Jan 31 2024)
Last sale anchor
$700k
Jan 31 2024
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
$117 / 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
$2,074
Tax year 2023
Assessed value
$316,700
Assessed 2023
Previous assessed
$316,700
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$39,800
Assessed improvement
$276,900
Land market value
$39,800
Improvement market value
$276,900
Total market value
$316,700
Applied tax rate
922.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2017
Heating
YES
Buildings
2
Stories
1
Total area
6,000 SF
Lot
4.12 ac (179,598 SF)
Zoning code
RA-40 WINGATE
APN
09-012-013
UPID
US53-1787137
Jurisdiction
UNION
Zoning & alternative use
RA-40 WINGATE · Wingate, NC
Zoning RA-40 WINGATE · permitted uses
RA-40 WINGATE · Wingate, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wingate. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$640,000
OFFICE BUILDING
Est. value
$980,000
AUTO REPAIR, GARAGE
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$945,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$910,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2017
Heating
YES
Stories
1
Buildings
2
Lot
4.12 ac
Current owner
From public records · entity-resolved
Keziah Enterprises LLC
Entity
Mailing address
1111 AUSTIN CHANEY RD, WINGATE, NC 28174-7743
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2024
$700,000
Keziah Enterprises LLC
D Scott Propst
Warranty Deed
$470,900 · American Bank Of The Carolinas
Nov 22, 2022
—
D Scott Propst
—
Deed
related
$212,000 · American Bank Of The Carolinas
Dec 31, 2009
$250,000
D Scott Propst
Eric W Thomas
Warranty Deed
$179,200 · American Community 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.
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