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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Warehouses
13615 Independence Blvd Indian Trail, NC 28079-8699
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US53-2842233
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1984
Construction
WOOD
Total area
10,000 SF
Lot
3.1 ac (135,036 SF)
Zoning code
GR STALLINGS
APN
07-105-003
UPID
US53-2842233
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
$1.31M
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$1.00M
Owner & transaction history
Store Master Funding Vi LLC · 12 yrs held
Store Master Funding Vi LLC
since 2014
4 recorded transactions
Zoning & alternative use
GR STALLINGS · Indian Trail, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+21.6%
Auto repair, garage
$1.6M
+17.8%
Commercial (general)
$1.6M
+16.9%
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 Indian Trail submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Trail 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%
$1,420,000
6.5%
$1,310,000
7%
$1,220,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,345,000
Current use
OFFICE BUILDING
$1,635,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,585,000
Change: +18% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,570,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,515,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±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
$100 / 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
$7,806
Tax year 2023
Assessed value
$789,000
Assessed 2023
Previous assessed
$789,000
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$682,000
Assessed improvement
$107,000
Land market value
$682,000
Improvement market value
$107,000
Total market value
$789,000
Applied tax rate
720.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
YES
Stories
1
Total area
10,000 SF
Lot
3.1 ac (135,036 SF)
Zoning code
GR STALLINGS
APN
07-105-003
UPID
US53-2842233
Jurisdiction
UNION
Zoning & alternative use
GR STALLINGS · Indian Trail, NC
Zoning GR STALLINGS · permitted uses
GR STALLINGS · Indian Trail, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Trail. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
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
1984
Construction
WOOD
Heating
YES
Stories
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
Store Master Funding Vi LLC
Entity
Mailing address
9450 BRYN MAWR AVE STE #500, ROSEMONT, IL 60018-5274
Ownership since
2014
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
Jul 1, 2014
$84,000
Store Master Funding Vi LLC
Tecta America Carolinas LLC
Special Warranty Deed
$10,000 · Citibank NA
Nov 15, 2013
—
Tecta America Carolinas LLC
Cyclone Roofing
Warranty Deed
—
Jul 1, 2005
$650,000
Cyclone Roofing
Cyclone Roofing
Grant Deed
—
Oct 21, 2004
—
Cyclone Roofing Co
—
Deed Of Trust
related
$25,000,000 · Gr Investments Holdings LLC
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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