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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Mining land & claims
18515 Nc Hwy 109, Denton, NC 27239-7713
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1312234
Property profile
Verified
Property type
Mining land & claims
Use group
QUARRIES (SAND, GRAVEL, ROCK)
Year built
1978
Construction
FRAME
Total area
6,840 SF
Lot
0.72 ac (31,363 SF)
Zoning code
B2
APN
07-042-0-000-0045
UPID
US53-1312234
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
$575k
Owner & transaction history
Shree Krishiv LLC · 3 yrs held
Shree Krishiv LLC
since 2022
Last sale
$575,000
3 recorded transactions
Zoning & alternative use
B2 · Denton, 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 Denton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denton 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
$585,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$560,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$460,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$445,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$420,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Dec 29 2022)
Last sale anchor
$575k
Dec 29 2022
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
$84 / 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
$2,961
Tax year 2023
Assessed value
$259,750
Assessed 2023
Previous assessed
$255,710
+1.6% YoY
Effective rate
1.14%
On assessed value
Land market value
$62,730
Improvement market value
$197,020
Total market value
$259,750
Applied tax rate
7.0000
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
Mining land & claims
Use group
QUARRIES (SAND, GRAVEL, ROCK)
Status
Off-Market
Year built
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
6,840 SF
Lot
0.72 ac (31,363 SF)
Zoning code
B2
APN
07-042-0-000-0045
UPID
US53-1312234
Jurisdiction
DAVIDSON
Zoning & alternative use
B2 · Denton, NC
Zoning B2 · permitted uses
B2 · Denton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$560,000
AUTO REPAIR, GARAGE
Est. value
$460,000
COMMERCIAL (GENERAL)
Est. value
$445,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$420,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.72 ac
Current owner
From public records · entity-resolved
Shree Krishiv LLC
Entity
Mailing address
4424 EDBURY CT, HIGH POINT, NC 27265-9291
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
Jan 30, 2026
—
Shree Krishiv LLC
—
Deed
related
$767,000 · Southern First Bank NA
Dec 29, 2022
$575,000
Shree Krishiv LLC
Lax Girls LLC
Warranty Deed
$575,000 · Lax Girls LLC
Jun 9, 2020
—
Lax Girls LLC
Joe Lax
Quit Claim 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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