Entity Owned Property summary
AI-generated overview
This 12-unit multifamily apartment property is located in Greensboro, North Carolina, within walking distance of the University of North Carolina at Greensboro and a short drive from nearby retail, dining, entertainment, and employment centers. The building contains identical layouts, with each unit configured as a two-bedroom, two-bathroom apartment. The units were last renovated in 2017, and the property is arranged for by-the-unit leasing. The total building area is approximately 11,520 square feet, situated on a 1.21-acre lot.
Property profile
Verified
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1990
Construction
FRAME
Total area
11,792 SF
Lot
1.21 ac (52,708 SF)
Zoning code
RM-18
APN
14735
UPID
US53-1601090
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Nightclub Arcade & Gaming Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.95M
Owner & transaction history
since 2024
Last sale
$5.0M
3 recorded transactions
Zoning & alternative use
RM-18 · Greensboro, NC
Zoning description
The RM-18, Residential Multi family district is primarily intended to accommodatemulti familyand other residential uses
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.95M
Value range
$4.46M – $5.45M
±10% around blend
Estimated value / SF
$420 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$4.46M
blend $4.95M
$5.45M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,792 SF
Lot area
1.21 ac
Year built
1990
Stories
2
APN
14735
Zoning
RM-18
Assessed value
$1,410,500
Annual tax
$16,448
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.95M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$262
+60%
Submarket 167 sales
$604
-30%
County 195 sales
$597
-30%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $420/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
2.00%
Implied, in-place cap rate for this other apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$347k *
Last sale · Apr 2024
$4.95M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$17.33M
Move the market yield to see immediate price impact.
Value / SF
$1,469
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
1.50%2.00%2.50%
$312k
$20.79M
$15.59M
$12.47M
$347k
$23.10M
$17.33M
$13.86M
$381k
$25.41M
$19.06M
$15.25M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,448
Tax year 2023
Assessed value
$1,410,500
Assessed 2023
Previous assessed
$1,410,500
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$421,700
Assessed improvement
$988,800
Land market value
$421,700
Improvement market value
$988,800
Total market value
$1,410,500
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Units
12
Rooms
18
Bathrooms
24
Total area
11,792 SF
Lot
1.21 ac (52,708 SF)
Zoning code
RM-18
APN
14735
UPID
US53-1601090
Jurisdiction
GUILFORD
Zoning & alternative use
RM-18 · Greensboro, NCZoning RM-18 · permitted uses
RM-18 · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The RM-18, Residential Multi family district is primarily intended to accommodatemulti familyand other residential uses
General category
RESIDENTIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
12
Rooms
18
Bathrooms
24
Lot
1.21 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RM-18
RESIDENTIAL
Jurisdiction
Greensboro, NC
Recorded code
RM-18
Official district
RM-18
Official district profile
What the municipal code says about RM-18
Zoning description
The RM-18, Residential Multi family district is primarily intended to accommodatemulti familyand other residential uses
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RM-18 in Greensboro, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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