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Property profile & analytics
OFF-MARKET
Flex space
1637 Us 601st Hwy Yadkinville, NC 27055-6345
Individually Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1710416
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1956
Construction
FRAME
Total area
5,774 SF
Lot
0.23 ac (10,019 SF)
Zoning code
HB
APN
131703
UPID
US53-1710416
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
Phillips Ready Mix Concrete In · 9 yrs held
Phillips Ready Mix Concrete In
since 2017
1 recorded transaction
Zoning & alternative use
HB · Yadkinville, 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 Yadkinville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yadkinville 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
$148
Tax year 2024
Assessed value
$21,186
Assessed 2024
Previous assessed
$21,186
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$11,021
Assessed improvement
$10,165
Land market value
$11,021
Improvement market value
$10,165
Total market value
$21,186
Applied tax rate
113.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1956
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
1
Total area
5,774 SF
Lot
0.23 ac (10,019 SF)
Zoning code
HB
APN
131703
UPID
US53-1710416
Jurisdiction
YADKIN
Zoning & alternative use
HB · Yadkinville, NC
Zoning HB · permitted uses
HB · Yadkinville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yadkinville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Phillips Ready Mix Concrete In
Individual
Free & Clear · 9 yrs held
Mailing address
1035 WINDING RDG LN, YADKINVILLE, NC 27055-6785
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2017
$95,100
Phillips Ready Mix Concrete In
Wishon & Carter Ents INC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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