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Property profile & analytics
OFF-MARKET
Estimated value
$4,985,000
Warehouses
2150 Us Hwy 70th Bus W, Smithfield, NC 27577-8990
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-3326344
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
581,400 SF
Lot
169.67 ac (7,390,825 SF)
Zoning code
COM
APN
15078011
UPID
US53-3326344
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
$6.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.99M
Owner & transaction history
Fnli Agouri Jnx LLC · 5 yrs held
Fnli Agouri Jnx LLC
since 2021
Last sale
$4.3M
6 recorded transactions
Zoning & alternative use
COM · Smithfield, 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 Smithfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smithfield 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
$5,325,000
ML approach
$6,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.99M
Range $4.49M – $5.48M · ±10% · vs last sale $4.27M (May 18 2021)
Last sale anchor
$4.27M
May 18 2021
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
$9 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$875,768
Tax year 2024
Assessed value
$70,626,450
Assessed 2024
Previous assessed
$88,051,420
-19.8% YoY
Effective rate
1.24%
On assessed value
Assessed land
$4,860,750
Assessed improvement
$65,765,700
Land market value
$4,860,750
Improvement market value
$65,765,700
Total market value
$70,626,450
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
2021
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Total area
581,400 SF
Lot
169.67 ac (7,390,825 SF)
Zoning code
COM
APN
15078011
UPID
US53-3326344
Jurisdiction
JOHNSTON
Zoning & alternative use
COM · Smithfield, NC
Zoning COM · permitted uses
COM · Smithfield, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smithfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
169.67 ac
Current owner
From public records · entity-resolved
Fnli Agouri Jnx LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 80416, SEATTLE, WA 98108-0416
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2021
$1,272,000
Fnli Agouri Jnx LLC
Asp Smithfield LLC
Special Warranty Deed
—
May 14, 2021
$29,500
Sst Properties LLC
Asp Smithfield LLC
Special Warranty Deed
—
May 14, 2021
—
Asp Smithfield LLC
Sst Properties LLC
Special Warranty Deed
—
Mar 19, 2021
$4,840,000
Asp Smithfield LLC
Fleming Family Farm LLC
Special Warranty Deed
—
Jan 23, 2017
—
Fleming Family Farm LLC
Fleming,robert D & Farelia G
Quit Claim Deed
related
—
Nov 16, 2016
—
Robert D Fleming
Fleming Robert E Trust
Quit Claim 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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