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Property profile & analytics
OFF-MARKET
Estimated value
$10,250,000
Warehouses
2310 Garner Rd, Raleigh, NC 27610-4612
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-1257970
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Construction
CONCRETE BLOCKS
Total area
4,928 SF
Lot
18.89 ac (822,848 SF)
Zoning code
IH
APN
1702.08-87-8749 0096762
UPID
US53-1257970
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
-
Wall Recycling Raleigh Transfer Station and Dumpster Rental Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.25M
Owner & transaction history
Foss Goldsboro Realty 1 LLC · 2 yrs held
Foss Goldsboro Realty 1 LLC
since 2024
Last sale
$10.3M
5 recorded transactions
Zoning & alternative use
IH · Raleigh, 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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
$10,250,000
ML approach
$10,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.25M
Range $9.23M – $11.28M · ±10% · vs last sale $10.25M (Apr 16 2024)
Last sale anchor
$10.25M
Apr 16 2024
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
$2,080 / 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
$18,539
Tax year 2023
Assessed value
$1,700,830
Assessed 2023
Previous assessed
$1,700,830
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$329,139
Assessed improvement
$1,371,691
Land market value
$329,139
Improvement market value
$1,371,691
Total market value
$1,700,830
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
1970
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
NONE
Buildings
8
Stories
1
Units
1
Rooms
8
Total area
4,928 SF
Lot
18.89 ac (822,848 SF)
Zoning code
IH
APN
1702.08-87-8749 0096762
UPID
US53-1257970
Jurisdiction
WAKE
Zoning & alternative use
IH · Raleigh, NC
Zoning IH · permitted uses
IH · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
8
Units
1
Rooms
8
Lot
18.89 ac
Current owner
From public records · entity-resolved
Foss Goldsboro Realty 1 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7087 US HWY 70TH W, LA GRANGE, NC 28551-8932
Ownership since
2024
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
Apr 16, 2024
$10,250,000
Foss Goldsboro Realty 1 LLC
Elite Newco I LLC
Special Warranty Deed
—
Dec 29, 2020
$1,250,000
Person Hammond LLC
Bell Investments LP
Grant Deed
—
Oct 23, 2019
—
Elite Newco I LLC
—
Grant Deed
related
$39,120,000 · Comerica Bk
Jun 7, 2018
$100,000
Elite Newco I LLC
Raleigh Recycling Scrap Metal
Grant Deed
—
Apr 23, 2014
$200,000
Raleigh Recycling Scrap Metal
Seymour Brown Inv Co INC
Grant Deed
—
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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