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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Warehouses
212 Rankin St, Fayetteville, NC 28301-5626
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-0826179
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
11,340 SF
Lot
1.46 ac (63,598 SF)
Zoning code
CC
APN
0437-53-2233
UPID
US53-0826179
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
-
All Clean Powerwash & Outdoor Service Landscaping General Contractor
-
Twelve Lions Performance Fitness Gym & Fitness Center
-
Athlete's Choice Batting Center Arcade & Gaming Center Sports Field & Court
-
SPORTTRYOUTS.com Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$762k
Blend (final)
Blend
$620k
Owner & transaction history
Mlh Commercial Properties LLC · 3 yrs held
Mlh Commercial Properties LLC
since 2022
Last sale
$550,000
5 recorded transactions
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$890,000
+25.2%
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
$620,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$710,000
Current use
COMMERCIAL (GENERAL)
$890,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $550k (Sep 29 2022)
Last sale anchor
$550k
Sep 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
$55 / 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
$8,528
Tax year 2023
Assessed value
$577,932
Assessed 2023
Previous assessed
$577,932
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$90,007
Assessed improvement
$487,925
Land market value
$90,007
Improvement market value
$487,925
Total market value
$577,932
Applied tax rate
1,000.0000
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
Off-Market
Year built
1990
Heating
NONE
Buildings
3
Stories
1
Bathrooms
4
Total area
11,340 SF
Lot
1.46 ac (63,598 SF)
Zoning code
CC
APN
0437-53-2233
UPID
US53-0826179
Jurisdiction
CUMBERLAND
Zoning & alternative use
CC · Fayetteville, NC
Zoning CC · permitted uses
CC · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$890,000
WAREHOUSE, STORAGE Current
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
1990
Heating
NONE
Stories
1
Buildings
3
Bathrooms
4
Lot
1.46 ac
Current owner
From public records · entity-resolved
Mlh Commercial Properties LLC
Entity
Mailing address
212 RANKIN ST, FAYETTEVILLE, NC 28301-5626
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2025
—
Mlh Commercial Properties LLC
—
Deed
related
$610,000 · Dogwood State Bank
Sep 29, 2022
$550,000
Mlh Commercial Properties LLC
Cz Properties Of Fayetteville LLC
Special Warranty Deed
$70,000 · Cz Properties Of Fayetteville LLC
Oct 15, 2018
—
Cz Properties Of Fayetteville LLC
Szs Properties LLC
Special Warranty Deed
$180,000 · Select Bank & Trust Co
Jan 27, 2010
—
Szs Properties LLC
Sam Zahran & Sons INC
Grant Deed
related
—
—
—
Sam Zahran & Sons INC
—
Deed Of Trust
related
$465,000 · Branch Banking & 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.
Try Rey
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