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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Industrial properties
135 Old Fayetteville Rd, Leland, NC 28451-8275
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-1109088
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1972
Total area
6,440 SF
Lot
2.2 ac (95,832 SF)
Zoning code
T4O
APN
038HA02302
UPID
US53-1109088
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
$745k
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$701k
Blend (final)
Blend
$745k
Owner & transaction history
Old New Holdings LLC · 4 yrs held
Old New Holdings LLC
since 2021
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
T4O · Leland, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+96.6%
Warehouse, storage
$1.0M
+83.9%
Apartment house (5+ units)
$1.0M
+83.3%
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 Leland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leland 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
$740,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
$1,095,000
6.5%
$1,010,000
7%
$940,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$570,000
Current use
AUTO REPAIR, GARAGE
$1,115,000
Change: +97% · Conversion: Easy
WAREHOUSE, STORAGE
$1,045,000
Change: +84% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,040,000
Change: +83% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $750k (Dec 2 2021)
Last sale anchor
$750k
Dec 2 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
$116 / 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
Property tax & assessments
Assessed value
$569,810
Assessed 2023
Previous assessed
$542,410
+5.1% YoY
Assessed land
$211,200
Assessed improvement
$358,610
Land market value
$211,200
Improvement market value
$358,610
Total market value
$569,810
Applied tax rate
31.0000
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 properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1972
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
6,440 SF
Lot
2.2 ac (95,832 SF)
Zoning code
T4O
APN
038HA02302
UPID
US53-1109088
Jurisdiction
BRUNSWICK
Zoning & alternative use
T4O · Leland, NC
Zoning T4O · permitted uses
T4O · Leland, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Leland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$570,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1972
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.2 ac
Current owner
From public records · entity-resolved
Old New Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
218 LONG JOHN SILVER DR, WILMINGTON, NC 28411-9675
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
Mar 18, 2022
—
Old New Holdings LLC
—
Deed
related
$637,500 · Ubank
Dec 2, 2021
$750,000
Old New Holdings LLC
Ramsey Family Leasing LLC
Warranty Deed
—
Apr 20, 2005
—
Ramsey Family Leasing LLC
Ramsey,jimmy U & Phyllis J
Quit Claim Deed
related
—
—
—
Ramsey Family Leasing LLC
—
Deed Of Trust
related
$50,000 · Waccamaw 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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