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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Industrial land
115 Ward Rd, Greensboro, NC 27405-9651
Entity Owned
~
Est. High Equity
Property ID
US53-1517669
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1954
Total area
992 SF
Lot
3.46 ac (150,718 SF)
Zoning code
CU-HI
APN
82863
UPID
US53-1517669
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
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Oldcastle Infrastructure INC
Oldcastle Infrastructure INC
since 2025
Last sale
$906,500
7 recorded transactions
Zoning & alternative use
CU-HI · Greensboro, 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 Greensboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greensboro 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
$890,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $907k (Apr 10 2023)
Last sale anchor
$907k
Apr 10 2023
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
$917 / 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
$3,806
Tax year 2023
Assessed value
$271,300
Assessed 2023
Previous assessed
$271,300
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$271,300
Land market value
$271,300
Total market value
$271,300
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1954
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
992 SF
Lot
3.46 ac (150,718 SF)
Zoning code
CU-HI
APN
82863
UPID
US53-1517669
Jurisdiction
GUILFORD
Zoning & alternative use
CU-HI · Greensboro, NC
Zoning CU-HI · permitted uses
CU-HI · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greensboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
3.46 ac
Current owner
From public records · entity-resolved
Oldcastle Infrastructure INC
Entity
Mailing address
110 SHIELDS PARK DR STE A, KERNERSVILLE, NC 27284-3567
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2025
$8,490,000
Oldcastle Infrastructure INC
Terracon Precast LLC
Special Warranty Deed
—
Apr 10, 2023
$906,500
Terracon Precast LLC
Wendover Industrial Partners LLC
Special Warranty Deed
—
Nov 14, 2017
—
Wendover Indl Ptrs LLC
—
Deed
related
$185,165 · Miscellaneous Govt Agcy
Dec 19, 2016
—
Wendover Industrial Partners L
—
Deed
related
$165,165 · Miscellaneous Govt Agcy
Mar 17, 2015
$602,000
Wendover Industrial Partners L
Dubose Properties LLC
Grant Deed
—
Dec 2, 2014
—
Dubose Properties LLC
Lsref2 Baron LLC
Grant Deed
—
Sep 30, 2011
$1,175,000
Lsref2 Baron LLC
Sellers Hinshaw Ayers Dortch
Trustees Deed
—
—
—
Wendover Industrial Partners L
—
Deed Of Trust
related
$165,165 · Miscellaneous Govt Agcy
—
—
Wendover Indl Ptrs LLC
—
Loan Modification
related
$185,165 · Miscellaneous Govt Agcy
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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