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Property profile & analytics
FOR LEASE
Warehouses
1908 Baldree S Rd, Wilson, NC 27893-9509
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-4160985
For Lease
1 / 27
$4,950/Mo
1908 Baldree S Rd, Wilson, NC 27893-9509
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Total area
14,874 SF
Lot
4.42 ac (192,535 SF)
APN
3721-11-2554.000
UPID
US53-4160985
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
Current use
Occupant on record · Public records
-
AQWA, Inc. Engineer
-
SPC Mechanical General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
$1.54M
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.22M
Owner & transaction history
Barry Holdings LLC · 3 yrs held
Barry Holdings LLC
since 2023
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+87.6%
Restaurant
$1.6M
+81.0%
Commercial (general)
$1.3M
+51.2%
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 Wilson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilson 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
$940,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
$1,660,000
6.5%
$1,535,000
7%
$1,425,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$875,000
Current use
AUTO REPAIR, GARAGE
$1,645,000
Change: +88% · Conversion: Easy
RESTAURANT
$1,585,000
Change: +81% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,325,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$1,320,000
Change: +51% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,035,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10% · vs last sale $1.40M (May 24 2023)
Last sale anchor
$1.40M
May 24 2023
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
$82 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$9,469
Tax year 2021
Assessed value
$1,445,297
Assessed 2024
Previous assessed
$725,605
+99.2% YoY
Effective rate
0.66%
On assessed value
Assessed land
$192,535
Assessed improvement
$1,252,762
Land market value
$192,535
Improvement market value
$1,252,762
Total market value
$1,445,297
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
For Lease
Year built
1965
Heating
HEAT PUMP
Stories
1
Total area
14,874 SF
Lot
4.42 ac (192,535 SF)
APN
3721-11-2554.000
UPID
US53-4160985
Jurisdiction
WILSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$1.6M
RESTAURANT
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1965
Heating
HEAT PUMP
Stories
1
Lot
4.42 ac
Current owner
From public records · entity-resolved
Barry Holdings LLC
Entity
Mailing address
2604 WILLIS CT N, WILSON, NC 27896-8962
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
$1,400,000
Barry Holdings LLC
Fda LLC
Deed
$1,120,000 · Southern Bank & Trust Co
Dec 28, 2021
—
F D A LLC
—
Deed
related
$5,000,000 · Firstcitizens Bank & Trust Company
Jun 30, 2021
—
F D A LLC
—
Deed
related
$6,325,000 · First Citizens Bank & Trust Co
Aug 28, 2020
—
F D A LLC
Cmt Investments LLC
Correction Deed
related
$13,562,300 · First Citizens Bank & Trust Co
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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