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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Industrial properties
1721 Williams Rd Monroe, NC 28110-8592
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US53-2220039
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2002
Total area
9,600 SF
Lot
1.09 ac (47,480 SF)
Zoning code
G-I MONROE
APN
09-261-005H
UPID
US53-2220039
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
-
Mistras Services Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$975k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Quality Svcs Laboratories INC · 22 yrs held
Quality Svcs Laboratories INC
since 2004
5 recorded transactions
Zoning & alternative use
G-I MONROE · Monroe, NC
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,055,000
6.5%
$975,000
7%
$905,000
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10%
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
$96 / 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
$5,013
Tax year 2023
Assessed value
$459,700
Assessed 2023
Previous assessed
$459,700
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$117,700
Assessed improvement
$342,000
Land market value
$117,700
Improvement market value
$342,000
Total market value
$459,700
Applied tax rate
200.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2002
Heating
YES
Stories
1
Total area
9,600 SF
Lot
1.09 ac (47,480 SF)
Zoning code
G-I MONROE
APN
09-261-005H
UPID
US53-2220039
Jurisdiction
UNION
Zoning & alternative use
G-I MONROE · Monroe, NCZoning G-I MONROE · permitted uses
G-I MONROE · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
monroe udo
Building & site characteristics
From public records
Year built
2002
Heating
YES
Stories
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Quality Svcs Laboratories INC
Entity
Mailing address
1721 WILLIAMS RD, MONROE, NC 28110-8592
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
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
Nov 24, 2014
—
Quality Svcs Laboratories INC
—
Loan Modification
related
$225,000,000 · Bank Of America
Aug 3, 2009
—
Quality Svcs Laboratories INC
—
Deed Of Trust
related
$25,000,000 · Bank Of America
May 17, 2007
—
Quality Svcs Laboratories INC
—
Deed Of Trust
related
$40,000,000 · Bank Of America
Jul 27, 2004
$465,000
Quality Svcs Laboratories INC
Union Warehouse Developers LLC
Deed Of Trust
related
$42,500,000 · Gladstone Capital Corp
Jun 17, 2004
$465,000
Qsl Inspection INC
Union Warehouse
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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