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Property profile & analytics
OFF-MARKET
Industrial properties
155 Lumber Dr, Harmony, NC 28634
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0898281
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1996
Construction
STONE
Total area
32,000 SF
Lot
23.81 ac (1,037,076 SF)
Zoning code
M2
APN
4852-55-6860.000
UPID
US53-0898281
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
B & C Timbers LLC · 12 yrs held
B & C Timbers LLC
since 2014
7 recorded transactions
Zoning & alternative use
M2 · Harmony, 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 Harmony submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harmony 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,843
Tax year 2023
Assessed value
$651,340
Assessed 2023
Previous assessed
$689,080
-5.5% YoY
Effective rate
0.59%
On assessed value
Assessed land
$399,970
Assessed improvement
$251,370
Land market value
$399,970
Improvement market value
$251,370
Total market value
$651,340
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
LUMBERYARD, BUILDING MATERIALS
Status
Off-Market
Year built
1996
Construction
STONE
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
1
Total area
32,000 SF
Lot
23.81 ac (1,037,076 SF)
Zoning code
M2
APN
4852-55-6860.000
UPID
US53-0898281
Jurisdiction
IREDELL
Zoning & alternative use
M2 · Harmony, NC
Zoning M2 · permitted uses
M2 · Harmony, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Harmony. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
STONE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Lot
23.81 ac
Current owner
From public records · entity-resolved
B & C Timbers LLC
Entity
Free & Clear · 12 yrs held
Mailing address
147 LUMBER DR, HARMONY, NC 28634-9200
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2024
—
B & C Timbers LLC
—
Deed
related
$4,425,000 · First Horizon Bank
Apr 30, 2020
—
B & C Timbers LLC
—
Deed
related
$5,000,000 · North Avenue Capital LLC
Dec 2, 2016
—
B & C Timbers LLC
—
Deed
related
$2,500,000 · Communityone Bk NA
Mar 27, 2014
$1,455,000
B & C Timbers LLC
Carpenter Alan G
Trustees Deed
—
—
—
G & G Lumber Co INC
—
Deed Of Trust
related
$4,800,000 · Piedmont Bank
—
—
B & C Timbers LLC
—
Deed Of Trust
related
$400,000 · Salem Investment Ptrs III LP
—
—
B & C Timbers LLC
—
Deed Of Trust
related
$5,000,000 · North Avenue Capital LLC
—
—
B & C Timbers LLC
—
Deed Of Trust
related
$399,900 · Salem Investment Ptrs III LP
—
—
B & C Timbers LLC
—
Deed Of Trust
related
$2,500,000 · Communityone Bk NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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