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Property profile & analytics
OFF-MARKET
Warehouses
177 Goodman Rd Troutman, NC 28166-8602
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-1828409
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,400 SF
Lot
1.83 ac (79,584 SF)
Zoning code
RS
APN
4731-58-9302.000
UPID
US53-1828409
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
Tiny Town Hillsville LLC · 2 yrs held
Tiny Town Hillsville LLC
since 2023
Last sale
$275,000
1 recorded transaction
Zoning & alternative use
RS · Troutman, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The height of the accessory building may not exceed the principal structure except where the principal structure is a single story, a two-story accessory structure is permitted located in the rear yard only. DISTRICT RP RS RT RM RMH MU Rural Preservation Suburban Residential Town Residential Mixed Residential Manufactured Home Park Mixed Use Conditional Only…
Zone name
Suburban Residential
General category
RESIDENTIAL
Zone area
3,525.43 ac
Source
Ordinances | Troutman, 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 Troutman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Troutman 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
$899
Tax year 2023
Assessed value
$149,870
Assessed 2023
Previous assessed
$149,870
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$86,870
Assessed improvement
$63,000
Land market value
$86,870
Improvement market value
$63,000
Total market value
$149,870
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
2
Total area
2,400 SF
Lot
1.83 ac (79,584 SF)
Zoning code
RS
APN
4731-58-9302.000
UPID
US53-1828409
Jurisdiction
IREDELL
Zoning & alternative use
RS · Troutman, NCZoning RS · permitted uses
RS · Troutman, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The height of the accessory building may not exceed the principal structure except where the principal structure is a single story, a two-story accessory structure is permitted located in the rear yard only. DISTRICT RP RS RT RM RMH MU Rural Preservation Suburban Residential Town Residential Mixed Residential Manufactured Home Park Mixed Use Conditional Only 1. DEVELOPMENT Conditional Only A. Maximum Residential Density 1 dwelling unit/3
Zone name
Suburban Residential
General category
RESIDENTIAL
Zone area
3,525.43 ac
Source
Ordinances | Troutman, NC
Building & site characteristics
From public records
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
1.83 ac
Current owner
From public records · entity-resolved
Tiny Town Hillsville LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 214, STATESVILLE, NC 28687-0214
Ownership since
2023
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
Nov 16, 2023
$275,000
Tiny Town Hillsville LLC
Larry G Sigmon
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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