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Property profile & analytics
OFF-MARKET
Warehouses
13685 Broadway Ave, Midland, NC 28107-9007
Individually Owned
Free & Clear
Property ID
US53-0839728
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2001
Construction
METAL FRAME
Total area
3,000 SF
Lot
2.01 ac (87,556 SF)
Zoning code
OM
APN
5554 21 0720
UPID
US53-0839728
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
-
Midland Mini-Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
William Dale Smith JR
William Dale Smith JR
since 2025
Last sale
$488,000
3 recorded transactions
Zoning & alternative use
OM · Midland, 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 Midland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,158
Tax year 2024
Assessed value
$406,940
Assessed 2024
Previous assessed
$328,080
+24.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$207,240
Assessed improvement
$199,700
Land market value
$207,240
Improvement market value
$199,700
Total market value
$406,940
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
2001
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
23
Total area
3,000 SF
Lot
2.01 ac (87,556 SF)
Zoning code
OM
APN
5554 21 0720
UPID
US53-0839728
Jurisdiction
CABARRUS
Zoning & alternative use
OM · Midland, NC
Zoning OM · permitted uses
OM · Midland, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Midland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
23
Lot
2.01 ac
Current owner
From public records · entity-resolved
William Dale Smith JR
Individual
Free & Clear · 0 yrs held
Mailing address
4005 PINEHILL LN, WEDDINGTON, NC 28104-8060
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
$488,000
William Dale Smith JR
Simon Da San Yu
Warranty Deed
—
Jan 17, 2006
$223,500
Simon D S Yu
Joyner,willim C & Vicki D
Warranty Deed
—
Mar 3, 2000
$48,300
William Connor Joyner
Gatrdo,llc
Grant Deed
—
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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