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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Apartment buildings
2027 Cabin Ln 35 Stanley, NC 28164-6723
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-1053289
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Construction
FRAME
Total area
4,913 SF
Lot
0.75 ac (32,626 SF)
Zoning code
ELDD R-T
APN
86948
UPID
US53-1053289
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
$540k
CAP Approach
CAP
$800k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Secure INC · 4 yrs held
Secure INC
since 2022
Last sale
$685,000
2 recorded transactions
Zoning & alternative use
ELDD R-T · Stanley, 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 Stanley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stanley 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
$595,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$800,000
7%
$745,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$430,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$425,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$425,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $685k (Jun 16 2022)
Last sale anchor
$685k
Jun 16 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
$134 / 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
$2,353
Tax year 2023
Assessed value
$271,519
Assessed 2023
Previous assessed
$271,519
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$46,438
Assessed improvement
$225,081
Land market value
$46,438
Improvement market value
$225,081
Total market value
$271,519
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
3
Rooms
20
Bathrooms
5
Total area
4,913 SF
Lot
0.75 ac (32,626 SF)
Zoning code
ELDD R-T
APN
86948
UPID
US53-1053289
Jurisdiction
LINCOLN
Zoning & alternative use
ELDD R-T · Stanley, NCZoning ELDD R-T · permitted uses
ELDD R-T · Stanley, NC
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
OFFICE BUILDING
Est. value
$430,000
AUTO REPAIR, GARAGE
Est. value
$425,000
COMMERCIAL (GENERAL)
Est. value
$425,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1985
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Rooms
20
Bathrooms
5
Lot
0.75 ac
Current owner
From public records · entity-resolved
Secure INC
Entity
Free & Clear · 4 yrs held
Mailing address
801 HILLSBOROUGH ST, RALEIGH, NC 27603-2191
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2022
$685,000
Secure INC
David Lee Kinney
Warranty Deed
—
Aug 19, 2013
—
David L Kinney
Kinney,jan A
Quit Claim Deed
related
$850,000 · Jan Kinney
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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