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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
High-rise multifamily apartments
152 Steele St Sanford, NC 27330-4270
Individually Owned
4-yr Hold
Free & Clear
Property ID
US53-2478055
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1925
Total area
48,695 SF
Lot
0.19 ac (8,276 SF)
Zoning code
CENTRAL BUSINESS DISTRICT
APN
9642-69-8448-00
UPID
US53-2478055
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
-
Wilrik Apartments Apartment Building
-
Fabulous Finds Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.02M
Owner & transaction history
Per Tommy Thystrup · 4 yrs held
Per Tommy Thystrup
since 2022
3 recorded transactions
Zoning & alternative use
CENTRAL BUSINESS DISTRICT · Sanford, 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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
$21 / 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
$3,812
Tax year 2023
Assessed value
$4,090,200
Assessed 2023
Previous assessed
$4,090,200
+0.0% YoY
Effective rate
0.09%
On assessed value
Assessed land
$41,400
Assessed improvement
$4,048,800
Land market value
$41,400
Improvement market value
$4,048,800
Total market value
$4,090,200
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1925
Heating
YES
Cooling
NONE
Stories
1
Total area
48,695 SF
Lot
0.19 ac (8,276 SF)
Zoning code
CENTRAL BUSINESS DISTRICT
APN
9642-69-8448-00
UPID
US53-2478055
Jurisdiction
LEE
Zoning & alternative use
CENTRAL BUSINESS DISTRICT · Sanford, NC
Zoning CENTRAL BUSINESS DISTRICT · permitted uses
CENTRAL BUSINESS DISTRICT · Sanford, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sanford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
YES
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Per Tommy Thystrup
Individual
Free & Clear · 4 yrs held
Mailing address
152 S STEELE STC, SANFORD, NC 27330-4270
Ownership since
2022
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
Mar 3, 2022
$152,000
Per Tommy Thystrup
John Wesley Byrd
Warranty Deed
—
May 31, 2019
—
John W Byrd
Collins Press INC
Warranty Deed
—
Jul 12, 2013
$300,000
Sanford Affordable Housing Developm
Wilrik Hotel Apartments LLC
Special Warranty 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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