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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Flex space
1813 Us 601st Hwy Yadkinville, NC 27055-6347
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2440343
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1970
Construction
METAL FRAME
Total area
30,000 SF
Lot
4.93 ac (214,751 SF)
Zoning code
MI-1
APN
131676
UPID
US53-2440343
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
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$624k
Blend (final)
Blend
$670k
Owner & transaction history
William Brett Matthews · 3 yrs held
William Brett Matthews
since 2022
3 recorded transactions
Zoning & alternative use
MI-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$22 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,656
Tax year 2024
Assessed value
$379,399
Assessed 2024
Previous assessed
$379,399
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$135,575
Assessed improvement
$243,824
Land market value
$135,575
Improvement market value
$243,824
Total market value
$379,399
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
1970
Construction
METAL FRAME
Heating
YES
Stories
1
Bathrooms
1
Total area
30,000 SF
Lot
4.93 ac (214,751 SF)
Zoning code
MI-1
APN
131676
UPID
US53-2440343
Jurisdiction
YADKIN
Zoning & alternative use
MI-1 · Yadkinville, NC
Zoning MI-1 · permitted uses
MI-1 · 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
1970
Construction
METAL FRAME
Heating
YES
Stories
1
Bathrooms
1
Lot
4.93 ac
Current owner
From public records · entity-resolved
William Brett Matthews
Individual
Free & Clear · 3 yrs held
Mailing address
3116 GENIE RD, EAST BEND, NC 27018-7866
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
—
William Brett Matthews
William Brett Matthews
Intrafamily Transfer
related
—
Jul 10, 2019
—
William B Matthews
—
Deed
related
$350,000 · Capital Bank
Apr 10, 2017
—
Matthews,brent A Living Trust
Matthews,brent A
Quit Claim Deed
related
—
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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