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Property profile & analytics
OFF-MARKET
Office buildings
2318 Katie Leigh Ln Monroe, NC 28110-6435
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-3176058
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
1,680 SF
Lot
0.03 ac (1,350 SF)
Zoning code
CD MONROE
APN
09-265-013D
UPID
US53-3176058
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
-
Tyndall Engineering & Design Structural Engineer Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sama24 LLC · 1 yrs held
Sama24 LLC
since 2024
Last sale
$415,000
4 recorded transactions
Zoning & alternative use
CD MONROE · Monroe, NC
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,099
Tax year 2023
Assessed value
$192,500
Assessed 2023
Previous assessed
$192,500
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$22,200
Assessed improvement
$170,300
Land market value
$22,200
Improvement market value
$170,300
Total market value
$192,500
Applied tax rate
200.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Heating
NONE
Buildings
2
Stories
2
Total area
1,680 SF
Lot
0.03 ac (1,350 SF)
Zoning code
CD MONROE
APN
09-265-013D
UPID
US53-3176058
Jurisdiction
UNION
Zoning & alternative use
CD MONROE · Monroe, NCZoning CD MONROE · permitted uses
CD MONROE · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
monroe udo
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Stories
2
Buildings
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Sama24 LLC
Entity
Mailing address
8710 PO BOX 748TH DR, MONROE, NC 28111-0748
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2025
—
Sama24 LLC
—
Deed
related
$261,750 · The Huntington National Bank
Jul 30, 2024
$415,000
Sama24 LLC
Little Rock LLC
Special Warranty Deed
$365,000 · The Huntington National Bank
Feb 11, 2013
$340,000
Little Rock LLC
Green Street V LLC
Grant Deed
—
May 6, 2010
$169,171
Green Street V LLC
Simpson David T JR
Trustees 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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