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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Warehouses
14685 Us Hwy 17, Hampstead, NC 28443-3505
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-2326251
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Total area
5,200 SF
Lot
0.8 ac (34,848 SF)
Zoning code
GB
APN
3282-87-5492-0000
UPID
US53-2326251
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
$960k
CAP Approach
CAP
$990k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Matthew S Hord · 3 yrs held
Matthew S Hord
since 2023
Last sale
$865,000
5 recorded transactions
Zoning & alternative use
GB · Hampstead, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$825,000
+169.8%
Office building
$695,000
+127.0%
Restaurant
$585,000
+92.1%
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 Hampstead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hampstead 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
$905,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
$1,075,000
6.5%
$990,000
7%
$920,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$825,000
Change: +170% · Conversion: Difficult
OFFICE BUILDING
$695,000
Change: +127% · Conversion: Difficult
RESTAURANT
$585,000
Change: +92% · Conversion: Difficult
RETAIL STORES
$580,000
Change: +90% · Conversion: Moderate
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $865k (Jun 14 2023)
Last sale anchor
$865k
Jun 14 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
$177 / 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
$350,155
Assessed 2023
Previous assessed
$350,155
+0.0% YoY
Assessed land
$204,342
Assessed improvement
$145,813
Land market value
$204,342
Improvement market value
$145,813
Total market value
$350,155
Applied tax rate
13.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Heating
NONE
Stories
1
Total area
5,200 SF
Lot
0.8 ac (34,848 SF)
Zoning code
GB
APN
3282-87-5492-0000
UPID
US53-2326251
Jurisdiction
PENDER
Zoning & alternative use
GB · Hampstead, NC
Zoning GB · permitted uses
GB · Hampstead, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hampstead. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$825,000
OFFICE BUILDING
Est. value
$695,000
RESTAURANT
Est. value
$585,000
RETAIL STORES
Est. value
$580,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
RETAIL STORES
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
1982
Heating
NONE
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Matthew S Hord
Individual
Mailing address
8827 COLT RD, OAK RIDGE, NC 27310-9628
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2023
$865,000
Matthew S Hord
Ruegg Properties Md LLC
Special Warranty Deed
—
Oct 5, 2017
—
Twc Investments LLC
Chandler Real Estate LLC
Warranty Deed
—
Oct 5, 2017
$415,000
Ruegg Properties Md LLC
Twc Investments LLC
Warranty Deed
$352,750 · Branch Bk&tr
Mar 12, 2012
—
Chandler Real Estate LLC
—
Deed Of Trust
related
$2,450,000 · Penn Liberty Bank
—
—
Chandler Real Estate LLC
—
Deed Of Trust
related
$1,450,000 · Penn Liberty 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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