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Property profile & analytics
OFF-MARKET
Estimated value
$14,590,000
Office buildings
2380 Long Ml Rd, Youngsville, NC 27596-9709
Individually Owned
Absentee Owner
Free & Clear
Property ID
US53-1952968
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Total area
28,756 SF
Lot
100.63 ac (4,383,443 SF)
Zoning code
FCO GB
APN
4243
UPID
US53-1952968
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
-
Capital Auto Auction Car Dealership
-
Raleigh Classic Car Auctions Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.59M
Owner & transaction history
Michael J Leith
Michael J Leith
since 2025
Last sale
$14.6M
2 recorded transactions
Zoning & alternative use
FCO GB · Youngsville, 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 Youngsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Youngsville 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
$14,590,000
ML approach
$14,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.59M
Range $13.13M – $16.05M · ±10% · vs last sale $14.59M (Mar 28 2024)
Last sale anchor
$14.59M
Mar 28 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
$507 / 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
$70,821
Tax year 2024
Assessed value
$11,922,280
Assessed 2024
Previous assessed
$6,059,790
+96.7% YoY
Effective rate
0.59%
On assessed value
Assessed land
$7,878,770
Assessed improvement
$4,043,510
Land market value
$7,878,770
Improvement market value
$4,043,510
Total market value
$11,922,280
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2001
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
15
Total area
28,756 SF
Lot
100.63 ac (4,383,443 SF)
Zoning code
FCO GB
APN
4243
UPID
US53-1952968
Jurisdiction
FRANKLIN
Zoning & alternative use
FCO GB · Youngsville, NC
Zoning FCO GB · permitted uses
FCO GB · Youngsville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Youngsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
15
Lot
100.63 ac
Current owner
From public records · entity-resolved
Michael J Leith
Individual
Free & Clear · 0 yrs held
Mailing address
4001 LEADENHALL RD, MOUNT LAUREL, NJ 08054-4611
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Aug 22, 2025
—
Michael J Leith
Auctions America LLC
Deed
—
Mar 28, 2024
$14,590,000
Holman Nc Auction Re LLC
Mlc Automotive LLC
Special Warranty 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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