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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Warehouses
18819 Nc Hwy 109 Denton, NC 27239-7716
Individually Owned
Free & Clear
Property ID
US53-1544386
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1980
Construction
FRAME
Total area
8,586 SF
Lot
4.54 ac (197,762 SF)
Zoning code
B2
APN
07-042-0-000-0011
UPID
US53-1544386
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
$766k
Blend (final)
Blend
$650k
Owner & transaction history
Bean Anne
Bean Anne
since 2026
3 recorded transactions
Zoning & alternative use
B2 · Denton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$700,000
+45.5%
Auto repair, garage
$575,000
+19.2%
Commercial (general)
$555,000
+15.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$480,000
Current use
OFFICE BUILDING
$700,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$575,000
Change: +19% · Conversion: Easy
COMMERCIAL (GENERAL)
$555,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$525,000
Change: +9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$430,000
Change: -11% · Conversion: Easy
RETAIL STORES
$425,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$76 / 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
$5,209
Tax year 2023
Assessed value
$456,910
Assessed 2023
Previous assessed
$456,910
+0.0% YoY
Effective rate
1.14%
On assessed value
Land market value
$158,210
Improvement market value
$298,700
Total market value
$456,910
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
4
Total area
8,586 SF
Lot
4.54 ac (197,762 SF)
Zoning code
B2
APN
07-042-0-000-0011
UPID
US53-1544386
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
WAREHOUSE, STORAGE Current
Est. value
$480,000
OFFICE BUILDING
Est. value
$700,000
AUTO REPAIR, GARAGE
Est. value
$575,000
COMMERCIAL (GENERAL)
Est. value
$555,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$525,000
INDUSTRIAL (GENERAL)
Est. value
$430,000
RETAIL STORES
Est. value
$425,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1980
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
4
Lot
4.54 ac
Current owner
From public records · entity-resolved
Bean Anne
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 236, DENTON, NC 27239-0236
Ownership since
2026
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
Apr 24, 2026
—
Bean Anne
Morris Catherine
Special Warranty Deed
—
Apr 27, 2023
—
B Wilson Carter
—
Deed
related
$200,000 · First Bank
Aug 6, 2008
—
Carter B Wilson Tr
Owner Name Unavailable
Warranty 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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